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