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