How does JET8 Profit Calculator Works?
This JET8 Profit Calculator uses a simple mathematical principal to calculate the ROI of JET8. It fetches the historical JET8 price from the database and compares with current JET8 Price and calculate the profit or loss made on it.
It does this simple calculation get the amount JET8 you would have got by investing x$'s on that day ($x/price of JET8). Now it calculates the current price of that amount in USD (current JET8 price * amount of JET8 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_J8T_price = Price of J8T in past date;
$quantity_J8T = Quantity of J8T in past = $amount invested / $price_on_that_day;
$price_J8T = Current price of J8T;
$USD_today = ($price_J8T * $quantity_J8T) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of JET8 you can check it here: JET8 Price Prediction. This predictions are based on various algorithms applied on the historical price of the JET8.
If you have any query regarding the above calculator you can comment it in comment box below.