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