Quote from: Anton_CryptoIndex_Support on November 05, 2018, 09:57:19 AM

Quote from: Rinelenn on November 05, 2018, 09:43:11 AM

How is Cryptoindex calculated? I see many formulas in WP but I don't like it. Do u have something more simple?

The index is calculated once the weights recommended by Zorax are obtained. All the constituents of the index, their weights, prices, and
amounts are always open. The calculation is absolutely transparent.

How is Cryptoindex 100 calculated?
 the sum of the weights for each coin is equal to 1
 the price of the index in USD in the beginning of the period is multiplied by each of the weights in order to obtain the share in
USD of the index for each of the coins
 each coins share in USD is divided by the coins price in order to obtain the amount of that coin
 the amount of each coin is fixed during the period
 the indexs price is always calculated as the sum of the amounts of coins multiplied by their prices, respectively

Thanks Anton!

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