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