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