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