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