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