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