Year Over Year (YOY) is a commonly used metric for measuring growth or decline over time. It’s used to compare the current performance of a company, industry, or economy to the same period in the previous year. In this article, we will explore the reasoning behind YOY, what it is used for, how it’s calculated, …
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Original source: https://www.newtraderu.com/2023/02/15/year-over-year-yoy-what-it-means-how-its-used/