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