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