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