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