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