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