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