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