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