If False then only matching columns between self and other will be used and the output will be a DataFrame. If True then all pairwise combinations will be calculated and the output will be a MultiIndex DataFrame in the case of DataFrame inputs. In the case of missing elements, only complete pairwise observations will be used. bias : bool, default False Use a standard estimation bias correction. zú >>> ser1 = pd.Series([1, 2, 3, 4]) >>> ser2 = pd.Series([10, 11, 13, 16]) >>> ser1.ewm(alpha=.2).cov(ser2) 0 NaN 1 0.500000 2 1.524590 3 3.408836 dtype: float64 z/(exponential weighted moment) sample covarianceÚ