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