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