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