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