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