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