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