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