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