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