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