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