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