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