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