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