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