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