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