Trading CFDs involves a significant risk of loss that may not be suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your exposure.
For more information please read our Risk Disclosure

Trading CFDs involves a significant risk of loss that may not be suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your exposure.

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What Is Covariance and Its Uses

What is Covariance

Covariance in the most basic sense refers to a measure of the directional relationship that exists between the prices of two assets.It can also refer to the degree to which the returns of two assets of high risk move together.

Types of Covariance

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