Covariance
Monitor if two blocks of variables move in sync.
Covariance (Sample)257.5000
Formula
Cov(X,Y) = Σ((X - x̄)(Y - ȳ)) / (n - 1)
Quick Resolution
x̄ = 30.00, ȳ = 33.00
Covariância = 257.5000
Numerical Synchrony
Do you invest in the Stock Market? Understanding the covariance between Petrobras Shares (X) and the Dollar Exchange Rate (Y) reveals whether the assets tend to rise and fall together on the same day (positive covariance) or move in opposite directions (negative covariance).