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