|
 |
Investing Glossary:
Covariance
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- C -
| Term: |
|
| Definition: |
| A statistical measure of the degree to which random variables move together. A positive Covariance implies that one Variable is above (below) its Mean value when the other variable is above (below) its mean value.
|
|
|
| |
|
