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