The degree to which two variables are correlated. That is, covariance is the measure of how much two variables are related to one another. It is important in security analysis to determine how much or how little price movements in two companies or industries are connected.
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Major League Gaming. Since you asked in the Xbox gaming section. Major League Gaming (MLG), founded in 2002, is North Americaâs first professional videogame league and the only sanctioning body for pro gaming. MLG was co-founded by Sundance DiGiovanni and Mike Sepso.