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