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