Technicals

covariance

In finance, there exists a measure that encapsulates both the volatility and correlation of a stock's returns. This measure allows us to analyze the tendency of two stocks to move in tandem, as well as the magnitude of these movements. This is a valuable tool for assessing the relationship between stocks and their potential impact on a portfolio.

Related terms

Elliot wave

Understand the meaning and definition of Elliot wave in the context of stock market, trading, and investments.

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Channels

Understand the meaning and definition of Channels in the context of stock market, trading, and investments.

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MACD

Understand the meaning and definition of MACD in the context of stock market, trading, and investments.

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Positive divergence

Understand the meaning and definition of Positive divergence in the context of stock market, trading, and investments.

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Williams %R

Understand the meaning and definition of Williams %R in the context of stock market, trading, and investments.

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Pullback

Understand the meaning and definition of Pullback in the context of stock market, trading, and investments.

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