Corsair Gaming Stock Buy Hold or Sell Recommendation
| CRSR Stock | USD 7.35 0.04 0.55% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Corsair Gaming is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Corsair Gaming given historical horizon and risk tolerance towards Corsair Gaming. When Macroaxis issues a 'buy' or 'sell' recommendation for Corsair Gaming, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Corsair Gaming Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Corsair Stock, please use our How to Invest in Corsair Gaming guide. Note, we conduct extensive research on individual companies such as Corsair and provide practical buy, sell, or hold advice based on investors' constraints. Corsair Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Corsair |
Execute Corsair Gaming Buy or Sell Advice
The Corsair recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Corsair Gaming. Macroaxis does not own or have any residual interests in Corsair Gaming or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Corsair Gaming's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Corsair Gaming Trading Alerts and Improvement Suggestions
| Corsair Gaming had very high historical volatility over the last 90 days | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: Corsair Gaming to Present at 2024 UBS Global Technology Conference |
Corsair Gaming Returns Distribution Density
The distribution of Corsair Gaming's historical returns is an attempt to chart the uncertainty of Corsair Gaming's future price movements. The chart of the probability distribution of Corsair Gaming daily returns describes the distribution of returns around its average expected value. We use Corsair Gaming price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Corsair Gaming returns is essential to provide solid investment advice for Corsair Gaming.
| Mean Return | 0.14 | Value At Risk | -4.32 | Potential Upside | 5.25 | Standard Deviation | 3.19 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Corsair Gaming historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Corsair Stock Institutional Investors
The Corsair Gaming's institutional investors refer to entities that pool money to purchase Corsair Gaming's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Citadel Advisors Llc | 2024-09-30 | 474.5 K | Northern Trust Corp | 2024-09-30 | 410.6 K | Charles Schwab Investment Management Inc | 2024-09-30 | 382.7 K | Goldman Sachs Group Inc | 2024-06-30 | 343.3 K | Renaissance Technologies Corp | 2024-09-30 | 335.9 K | Amvescap Plc. | 2024-06-30 | 331 K | Bank Of America Corp | 2024-06-30 | 240.6 K | Principal Financial Group Inc | 2024-09-30 | 211.4 K | Qube Research & Technologies | 2024-06-30 | 184.9 K | Blackrock Inc | 2024-06-30 | 7 M | Vanguard Group Inc | 2024-09-30 | 5.7 M |
Corsair Gaming Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 15.7M | (80.1M) | (71.3M) | 111.3M | (39.5M) | (37.5M) | |
| Change In Cash | 24.0M | 81.6M | (68.2M) | 88.7M | 24.5M | 20.2M | |
| Free Cash Flow | 28.1M | 160.0M | 9.2M | 40.1M | 76.4M | 41.7M | |
| Depreciation | 37.5M | 43.2M | 45.1M | 53.5M | 50.7M | 34.3M | |
| Other Non Cash Items | 2.6M | 9.3M | 9.6M | 4.9M | 39K | 37.1K | |
| Capital Expenditures | 9.0M | 9.0M | 11.0M | 26.3M | 12.8M | 11.0M | |
| Net Income | (8.4M) | 103.2M | 101.0M | (53.9M) | 3.2M | 3.0M | |
| End Period Cash Flow | 51.9M | 133.6M | 65.4M | 154.1M | 178.6M | 187.5M | |
| Net Borrowings | 82.9M | (190.4M) | (79.7M) | (9.5M) | (8.5M) | (8.1M) | |
| Change To Netincome | (8.0M) | 5.0M | 13.4M | 5.3M | 6.1M | 6.4M | |
| Dividends Paid | 87.0M | 0.0 | 14.5M | 4.3M | 3.9M | 3.7M | |
| Investments | (145.4M) | (10.3M) | (20.5M) | (47.0M) | (31.6M) | (33.1M) |
Corsair Gaming Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Corsair Gaming or Technology Hardware, Storage & Peripherals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Corsair Gaming's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Corsair stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 3.04 | |
Ir | Information ratio | 0 |
Corsair Gaming Volatility Alert
Corsair Gaming currently demonstrates below-average downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of 0.09. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Corsair Gaming's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Corsair Gaming's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Corsair Gaming Fundamentals Vs Peers
Comparing Corsair Gaming's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Corsair Gaming's direct or indirect competition across all of the common fundamentals between Corsair Gaming and the related equities. This way, we can detect undervalued stocks with similar characteristics as Corsair Gaming or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Corsair Gaming's fundamental indicators could also be used in its relative valuation, which is a method of valuing Corsair Gaming by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Corsair Gaming to competition |
| Fundamentals | Corsair Gaming | Peer Average |
| Return On Equity | -0.12 | -0.31 |
| Return On Asset | -0.0215 | -0.14 |
| Profit Margin | (0.06) % | (1.27) % |
| Operating Margin | (0.07) % | (5.51) % |
| Current Valuation | 954.09 M | 16.62 B |
| Shares Outstanding | 104.7 M | 571.82 M |
| Shares Owned By Insiders | 3.18 % | 10.09 % |
| Shares Owned By Institutions | 86.33 % | 39.21 % |
| Number Of Shares Shorted | 3.44 M | 4.71 M |
| Price To Earning | 32.94 X | 28.72 X |
| Price To Book | 1.29 X | 9.51 X |
| Price To Sales | 0.58 X | 11.42 X |
| Revenue | 1.46 B | 9.43 B |
| Gross Profit | 296.63 M | 27.38 B |
| EBITDA | 64.64 M | 3.9 B |
| Net Income | 3.19 M | 570.98 M |
| Cash And Equivalents | 57.27 M | 2.7 B |
| Cash Per Share | 0.60 X | 5.01 X |
| Total Debt | 246.5 M | 5.32 B |
| Debt To Equity | 0.53 % | 48.70 % |
| Current Ratio | 1.59 X | 2.16 X |
| Book Value Per Share | 5.72 X | 1.93 K |
| Cash Flow From Operations | 89.15 M | 971.22 M |
| Short Ratio | 7.02 X | 4.00 X |
| Earnings Per Share | (0.91) X | 3.12 X |
| Price To Earnings To Growth | 41.50 X | 4.89 X |
| Target Price | 8.86 | |
| Number Of Employees | 2.39 K | 18.84 K |
| Beta | 1.58 | -0.15 |
| Market Capitalization | 769.54 M | 19.03 B |
| Total Asset | 1.36 B | 29.47 B |
| Retained Earnings | 40.41 M | 9.33 B |
| Working Capital | 293.1 M | 1.48 B |
Note: Acquisition by Cahilly Jason Glen of 11211 shares of Corsair Gaming at 18.55 subject to Rule 16b-3 [view details]
Corsair Gaming Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Corsair . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Corsair Gaming Buy or Sell Advice
When is the right time to buy or sell Corsair Gaming? Buying financial instruments such as Corsair Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Corsair Gaming in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Candy and Soda Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Corsair Stock Analysis
When running Corsair Gaming's price analysis, check to measure Corsair Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corsair Gaming is operating at the current time. Most of Corsair Gaming's value examination focuses on studying past and present price action to predict the probability of Corsair Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsair Gaming's price. Additionally, you may evaluate how the addition of Corsair Gaming to your portfolios can decrease your overall portfolio volatility.