Page 22 - FINAL CFA I SLIDES JUNE 2019 DAY 3
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LOS 9.k: Calculate and interpret Session Unit 2:
covariance and correlation, p.185
9. Probability Concepts
Example: Correlation, p.185: Using our previous example, compute and interpret the correlation of the returns for stocks
A and B, given that σ2(RA) = 0.0028 and σ2(RB) = 0.0124 and recalling that Cov(RA,RB) = 0.0058.
