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