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