Musings on Markets

JUNE 17, 2025

That argument has both a statistical basis, with the covariance between the two investments operating as the mechanism for the risk reduction, and an economic basis that the idiosyncratic movements in each investment can offset to create a less risky combination.

Alpha 76

Alpha Equity Marketability Start-ups 76

Valutico

FEBRUARY 13, 2025

Beta is calculated using historical price data, asset returns, market index returns, covariance, and variance. Step 3: Calculate Covariance Determine the covariance between the asset returns and the market returns. Covariance measures the degree to which two variables move together.

Beta 52

Beta Covariance Risk-free Rate Specific Risk 52

Benzinga

DECEMBER 13, 2023

As this model scales, ESR is poised to build. Full story available on Benzinga.com

Covariance 40

Covariance Equity 40

Musings on Markets

JANUARY 11, 2024

Again, I have a short course that I put together that covers the statistical concepts needed in finance, from summary statistics (averages, medians) to measures of relationships (correlations, covariances) to predictive and analytics tools (regressions, simulations): If you are a statistics maven, you will undoubtedly find my discussion of statistical (..)

Corporate Finance 145

Corporate Finance Finance Dividends Start-ups 145

Reynolds Holding

FEBRUARY 6, 2023

We then analyze whether participants’ personal characteristics drive their portfolio reallocation decisions in response to ESG information and use demographics, financial literacy and experience, personality traits, and ESG awareness as potential covariates.

Covariance 45

Covariance Start-ups Marketability Equity 45

Reynolds Holding

JUNE 16, 2024

The overall impact of corporate aggregate distributions depends on the magnitude of such distributions and their covariation with institutional-level flows.

Dividends 45

Dividends Covariance Equity Finance 45

Musings on Markets

DECEMBER 21, 2022

In this class, I start by looking at data collection and data descriptives , before moving on to distributions and data relationships (correlations, covariances and regressions) and closing with probabilities and probabilistic tools.

Corporate Finance 99

Corporate Finance Finance Start-ups Marketability 99