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