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