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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More than 1.2 billion people are playing games worldwide, according to a state of the industry report by Spil Games. Above: Spil Games data regarding gamer gender. Of those, about 700 million play online games. That amounts to 44 percent of the worldâs online population, according to comScore data cited by Spil Games. âMany people donât know how big gaming is,â said Oscar Diele, chief marketing officer at Spil Games, a maker of online and mobile games that are mostly targeted at girls.