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