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