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