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