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