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