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