The degree to which two variables are correlated. That is, covariance is the measure of how much two variables are related to one another. It is important in security analysis to determine how much or how little price movements in two companies or industries are connected.
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Our â2016 Essential Facts About the Computer and Video Game Industryâ report underscores how video games have evolved into a mass medium: more than 150 million Americans play video games and 63 percent of households are home to at least one person who plays video games regularly, or at least three hours per week.