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