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