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