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