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