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