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