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