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