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