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