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What is Covariance?

Statistics

공분산

The degree to which two values deviate from their averages in the same direction. It is an ingredient of the correlation coefficient, and because it carries units, its size is hard to compare directly. Dividing by each standard deviation to remove the units gives the correlation coefficient.

Covariancehow far two values moved in the same direction

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Covariance meaning — Trading glossary | MarketSurfer