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Covariance Calculator

Calculate Population & Sample Covariance

Enter X values (comma-separated)
Enter Y values (comma-separated)

Covariance Formula

Sample Covariance = Σ[(xᵢ - x̄)(yᵢ - ȳ)] / (n - 1)
Population Covariance = Σ[(xᵢ - x̄)(yᵢ - ȳ)] / n
Cov(X,Y) = E[(X - μₓ)(Y - μᵧ)]

Covariance measures the joint variability of two random variables.

Both datasets must have the same number of values. Covariance is scale-dependent; use correlation for standardized comparison.

What is Covariance?

Covariance measures how two variables change together. A positive covariance indicates that larger values of one variable tend to be associated with larger values of the other. A negative covariance indicates the opposite.

Positive Covariance

Cov > 0: Variables tend to increase together (e.g., height & weight)

Negative Covariance

Cov < 0: When one variable increases, the other decreases

Zero Covariance

Cov = 0: No linear relationship between variables

Sample vs Population

Sample uses n-1 (unbiased), population uses n (biased)

💡 Example: X=[1,2,3,4,5], Y=[2,4,5,4,5]. x̄=3, ȳ=4. Σ(x-x̄)(y-ȳ)=6. Sample Cov=6/4=1.5.

Applications

Statistics Data Analysis Finance Portfolio Management Machine Learning

Frequently Asked Questions

What is covariance?
Covariance measures how two variables vary together. Positive covariance means variables tend to increase together. Negative covariance means when one increases, the other tends to decrease.
Population vs sample covariance?
Population covariance divides by n. Sample covariance divides by n-1 (Bessel's correction) to give an unbiased estimator of population covariance.
How is covariance related to correlation?
Correlation = Covariance / (σₓ × σᵧ). Correlation normalizes covariance to range -1 to +1, making it easier to interpret strength of relationship.
What does covariance value mean?
Magnitude depends on variable scales. Sign matters: positive = variables move together, negative = move opposite. Use correlation for standardized comparison.

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