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