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