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