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