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Select all that are true with respect to covariance and correlation. Covariance measures how an asset moves around its own mean Covariance measures how one

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Select all that are true with respect to covariance and correlation. Covariance measures how an asset moves around its own mean Covariance measures how one asset moves when another asset moves Correlation measures how an asset moves around its own mean Correlation measures how one asset moves when another asset moves Covariance can be as small as, but no smaller than, 1, and as large as, but no larger than, +1 Correlation can be as small as, but no smaller than, 1, and as large as, but no larger than, +1

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