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