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