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