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