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