RevenueYoY
Revenue Growth YoY — Lakonishok Shleifer and Vishny 1994
Profitability
Quick facts
| Factor ID | RevenueYoY |
| Display name | Revenue Growth YoY |
| Family | Predictor |
| Category | Profitability |
| Direction | higher_expected_return |
| Status | supported |
| Paper | Lakonishok Shleifer and Vishny 1994 |
| Source tables | fina_indicator |
| Required fields | tr_yoy |
| PIT required | yes |
| Coverage | 2010-04-27 – 2026-05-15 · 676,760 rows · 98.8% of panel |
Formula
tr_yoy / 100
Year-over-year total revenue growth rate from fina_indicator.
China adaptation
Uses Tushare fina_indicator tr_yoy directly.
Direction-adjusted cumulative return
Return metrics
| Metric | Value |
|---|---|
| Months in sample | 193 |
| Monthly mean | 0.6666% |
| Monthly std | 2.7074% |
| Annualized Sharpe | 0.85 |
| t-stat (simple) | 3.42 |
| Hit rate (months > 0) | 60.6% |
| Last 12M compounded | 26.37% |
| Cumulative wealth (start = 1) | 3.364 |
Recent 12 months
| Month | L/S return | Cumulative | Names |
|---|---|---|---|
| 2025-05 | +1.83% | 2.711 | 5127 |
| 2025-06 | +0.40% | 2.722 | 5137 |
| 2025-07 | +6.74% | 2.905 | 5138 |
| 2025-08 | +2.93% | 2.990 | 5148 |
| 2025-09 | -2.60% | 2.912 | 5156 |
| 2025-10 | -3.28% | 2.817 | 5161 |
| 2025-11 | +5.15% | 2.962 | 5164 |
| 2025-12 | +3.43% | 3.063 | 5177 |
| 2026-01 | +0.33% | 3.073 | 5176 |
| 2026-02 | -1.62% | 3.023 | 5180 |
| 2026-03 | +7.07% | 3.237 | 5180 |
| 2026-04 | +3.91% | 3.364 | 5181 |
Known data issues
Same base-effect issue as NetProfitYoY.
Notes
None recorded.
See also: Profitability family, Factor library, Factor returns.