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