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