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