Redcoin Profit Calculator or you can say Redcoin ROI Calculator is a simple tool to calculate how much profit you would have made if you had invested in Redcoin (RED) in past. This helps you measure the return on investment (ROI) of Redcoin (RED) .
If you are looking for mining calc check it here: Redcoin Mining Calculator
This Redcoin Profit Calculator uses a simple mathematical principal to calculate the ROI of Redcoin. It fetches the historical Redcoin price from the database and compares with current Redcoin Price and calculate the profit or loss made on it.
It does this simple calculation get the amount Redcoin you would have got by investing x$'s on that day ($x/price of Redcoin). Now it calculates the current price of that amount in USD (current Redcoin price * amount of Redcoin 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_RED_price = Price of RED in past date;
$quantity_RED = Quantity of RED in past = $amount invested / $price_on_that_day;
$price_RED = Current price of RED;
$USD_today = ($price_RED * $quantity_RED) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of Redcoin you can check it here: Redcoin Price Prediction. This predictions are based on various algorithms applied on the historical price of the Redcoin.
If you have any query regarding the above calculator you can comment it in comment box below.
