What does a positive covariance between two stocks indicate? Option: The stocks are likely to move in the same direction, One stock is guaranteed to have higher returns than the other, The stocks are likely to move in opposite directions, The stocks are not related in any way

What does a positive covariance between two stocks indicate?

What does a correlation of +0.85 between two stocks indicate?

What does covariance measure in the context of the stock market?

What is the definition of covariance in stock analysis?

What does the value representing the covariance of a stock with itself signify?

How is covariance typically calculated and presented when a portfolio contains more than two stocks?