CRSR Stock | | | USD 11.74 0.35 3.07% |
Corsair Gaming financial indicator trend analysis is way more than just evaluating Corsair Gaming prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corsair Gaming is a good investment. Please check the relationship between Corsair Gaming Depreciation And Amortization and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in 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.
To learn how to invest in Corsair Stock, please use our
How to Invest in Corsair Gaming guide.
Depreciation And Amortization vs Tax Provision
Depreciation And Amortization vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Corsair Gaming Depreciation And Amortization account and
Tax Provision. At this time, the significance of the direction appears to have weak relationship.
The correlation between Corsair Gaming's Depreciation And Amortization and Tax Provision is 0.36. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Corsair Gaming, assuming nothing else is changed. The correlation between historical values of Corsair Gaming's Depreciation And Amortization and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Corsair Gaming are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Depreciation And Amortization i.e., Corsair Gaming's Depreciation And Amortization and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Corsair Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corsair Gaming current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in 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.
To learn how to invest in Corsair Stock, please use our
How to Invest in Corsair Gaming guide.As of 03/02/2025, Tax Provision is likely to grow to about 22.8
M, while
Selling General Administrative is likely to drop slightly above 261.8
M.
Corsair Gaming fundamental ratios Correlations
Click cells to compare fundamentals
Corsair Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Corsair Gaming fundamental ratios Accounts
Additional Tools for Corsair Stock Analysis
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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.