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