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