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