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