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covariance
(redirected from Co-variance)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.
covariance /co·var·i·ance/ (ko-vār´e-ins) a measure of the tendency of two random variables to vary together.
covariance [ko-va´re-ans]
a measure of the tendency of two random variables to vary together. It is the expected value of the product of the deviations of corresponding values of two random variables from their respective means.

covariance
the expected value of the product of the deviations of corresponding values of two random variables from their respective means.

covariance method
used for the calculation of relationship and inbreeding in large populations.


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Rothschild, 1990, Asset Pricing with a Factor ARCH Co-variance Structure: Empirical Estimates or Treasury Bills, Journal of Econometrics, 45, 213-238.
Harvey, "The World Price of Co-variance Risk," Journal of Finance 46 (1991), pp.
 
 
 
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