Covariance and correlation measure the:_______________________________________________. In order to reduce risk in an investor's portfolio, they would want to include assets that have a __________________ correlation/covariance.

Group of answer choices

spreading of an investment across a number of assets; negative

daily return on an asset compared to its previous daily return; negative

extent to which the systematic risk of two assets moves together; negative

extent to which the returns of two assets move together; negative

squared measure of the security's total return; positive