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