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