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