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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The MMO & MOBA Games Market Report, 2016. People love playing online games. So much so, in fact, that the category is on track to earn $19.8 billion this year alone, roughly 60% of all digital PC game revenue. Massive Multiplayer Online games (MMOs) encompass a wide range of game genres, including role-playing, shooters and, a recently emerged category called MOBAs that include wildly popular titles like League of Legends and Dota 2.