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