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