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