By Investment U Research Team In finance, year-over-year (YOY) performance looks at two different events on an annual basis. For example, you can look at how a single stock performed in the third quarter of 2019 and 2020. By comparing these two figures, you can see whether the stock performed better this year than it did last year.
There are many reasons why this kind of analysis is important. When you look at unemployment figures and retail sales, you have to consider the time of year. Retail sales typically perform better around the holidays. Likewise, unemployment tends to go up and down on a seasonal basis. …read more
