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