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