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 coin’s share in USD is divided by the coin’s price in order to obtain the amount of that coin

the amount of each coin is fixed during the period

the index’s price is always calculated as the sum of the amounts of coins multiplied by their prices, respectively