What does YOY mean in UNCLASSIFIED

YOY stands for Yield on Year, which is a financial measure of the return on an investment over a one-year period.

By measuring the total return of an investment over a one-year period, YOY provides investors with insight into how well their investments are doing relative to other investments they have made or other fund managers they are considering investing with.

Investors use the yield on year metric to evaluate the performance of their investments and compare them against other potential investments or fund managers. By using this metric, investors can gain valuable insight into whether or not their current investments are providing adequate returns.

To calculate YOY, add any income received during the year (such as dividends) as well as any appreciation in value (capital gains) and then divide by the initial cost basis of the investment at the beginning of that year to get an approximate return.

While YOY only measures performance over a one-year period, other metrics (such as Internal Rate of Return or IRR) measure performance over longer periods of time, giving investors more information about how their investments have performed both in the recent past and its expected future performance.