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