Projected finish = distance x your pace
The core calculation is the same one every pace band on your wrist uses. You multiply the race distance by your moving pace in minutes per mile and you get a projected moving time. A 100-mile race at a 16:30 per mile moving pace projects to roughly 27.5 hours of running. And that is your finish only if you never stop moving and hold that pace start to finish, which nobody does.
So the projection above is a starting point, not a promise. It is the best-case version of your day, the one with no aid stations, no bathroom breaks, no slow climbs, and no late-race fade. Treat it as the ceiling and work down from there.