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