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