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