How does Hedge Token Profit Calculator Works?
This Hedge Token Profit Calculator uses a simple mathematical principal to calculate the ROI of Hedge Token. It fetches the historical Hedge Token price from the database and compares with current Hedge Token Price and calculate the profit or loss made on it.
It does this simple calculation get the amount Hedge Token you would have got by investing x$'s on that day ($x/price of Hedge Token). Now it calculates the current price of that amount in USD (current Hedge Token price * amount of Hedge Token purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_HDG_price = Price of HDG in past date;
$quantity_HDG = Quantity of HDG in past = $amount invested / $price_on_that_day;
$price_HDG = Current price of HDG;
$USD_today = ($price_HDG * $quantity_HDG) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of Hedge Token you can check it here: Hedge Token Price Prediction. This predictions are based on various algorithms applied on the historical price of the Hedge Token.
If you have any query regarding the above calculator you can comment it in comment box below.