The covariance of X and Y is the difference between the mean product and the product ... coefficient of determination is the square of the correlation between the dependent and independent variables. ...

Then, take the difference between ABC's return and ABC's average ... one should identify assets that have a low or negative correlation. Covariance is a common statistical calculation that can ...

In statistics, correlation is the scaled version of covariance, which measures ... can perform these functions as well. What Is the Difference Between Correlation and Causation?