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