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