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