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