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