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