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