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