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Username: Peter

Rating:
Guru Stars

Asked to: Heng Kim

Date Created: 04 Jan 2016
Category 28
Tag Financial
Question Please describe the term of a year-over-year basis.
Advice from Guru
Hello Peter,

A method of evaluating two or more measured events to compare the results at one time period with those from another time period (or series of time periods), on an annualized basis. Year-over-year comparisons are a popular way to evaluate the performance of investments. Any measurable events that recur annually can be compared on a year-over-year basis - from annual performance, to quarterly performance, to daily performance.

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