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