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