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