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