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