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