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