Covariance
Jump to navigation
Jump to search
Description
A systematic relationship between two variables in which a change in one implies a corresponding change in the other.
It is the degree of co-movement between the stock and the market return.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Covariance
Learning Material
Covered in Topic(s)
Correlation & Regression |
Return Risk and the Security Market Line |