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