Nova Lifestyle is a holding company. Through its subsidiaries, Co. is a designer and marketer of contemporary styled residential and commercial furniture. Co.'s family of brands includes Diamond Sofa (www.diamondsofa.com). Co.'s product lines feature upholstered, wood and metal-based furniture pieces. Co. classifies its products by room, designation or series, such as living room, dining room, bedroom and home office series, and by category or product types such as sofas, chairs, dining tables, beds, entertainment consoles, cabinets and cupboards. Co.'s product offerings consist of a mix of furnishings designed by Co., and sourced from third party manufacturers. The NVFY YTD return is shown above.
The YTD Return on the NVFY YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether NVFY YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the NVFY YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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