Year-over-year growth compares a company's recent financial performance with its numbers for the same month one year earlier. This is considered more informative than a month-to-month comparison, which often reflects seasonal trends.
Year-to-year comparison is a popular and effective way to evaluate a company's financial performance and investment performance.
Any measurable event that repeats yearly can be compared based on YoY.
As a rule, the indicator YoY (year to year) is the number of percentages indicating an increase or regression in relation to the future or past period.
For example,...
![USM2: [Antipanicos] Year-over-Year YoY Change](https://s3.tradingview.com/k/Kt5lvK5J_mid.png "[Antipanicos] Year-over-Year YoY Change")
![WM2NS: YOY[TV1]](https://s3.tradingview.com/c/CItBmXcl_mid.png "YOY[TV1]")
