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