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