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