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