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