The covariance of two stock markets is: B(a)*B(b)*Stdev(Market)^2 Why is the standard deviation of the market not expressed in decimals? It is for about every other formula in the curriculum.
The covariance of two stock markets is: B(a)*B(b)*Stdev(Market)^2 Why is the standard deviation of the market not expressed in decimals? It is for about every other formula in the curriculum.