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