Corsair Gaming (Germany) Market Value
| 6C2 Stock | EUR 9.20 0.74 7.44% |
| Symbol | Corsair |
Corsair Gaming 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Corsair Gaming's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Corsair Gaming.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Corsair Gaming on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Corsair Gaming or generate 0.0% return on investment in Corsair Gaming over 90 days. Corsair Gaming is related to or competes with MELIA HOTELS, Cellnex Telecom, Regal Hotels, Playa Hotels, NH HOTEL, Bank of America, and Dalata Hotel. Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals... More
Corsair Gaming Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Corsair Gaming's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Corsair Gaming upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.2 | |||
| Information Ratio | 0.161 | |||
| Maximum Drawdown | 25.4 | |||
| Value At Risk | (5.31) | |||
| Potential Upside | 7.84 |
Corsair Gaming Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corsair Gaming's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Corsair Gaming's standard deviation. In reality, there are many statistical measures that can use Corsair Gaming historical prices to predict the future Corsair Gaming's volatility.| Risk Adjusted Performance | 0.1285 | |||
| Jensen Alpha | 0.7041 | |||
| Total Risk Alpha | 1.14 | |||
| Sortino Ratio | 0.2203 | |||
| Treynor Ratio | 0.5984 |
Corsair Gaming Backtested Returns
Corsair Gaming appears to be slightly risky, given 3 months investment horizon. Corsair Gaming secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. By analyzing Corsair Gaming's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please makes use of Corsair Gaming's Mean Deviation of 3.13, downside deviation of 3.2, and Risk Adjusted Performance of 0.1285 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Corsair Gaming holds a performance score of 10. The firm shows a Beta (market volatility) of 1.0, which signifies possible diversification benefits within a given portfolio. Corsair Gaming returns are very sensitive to returns on the market. As the market goes up or down, Corsair Gaming is expected to follow. Please check Corsair Gaming's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Corsair Gaming's price patterns will revert.
Auto-correlation | 0.38 |
Below average predictability
Corsair Gaming has below average predictability. Overlapping area represents the amount of predictability between Corsair Gaming time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Corsair Gaming price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Corsair Gaming price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 1.08 |
Corsair Gaming lagged returns against current returns
Autocorrelation, which is Corsair Gaming stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Corsair Gaming's stock expected returns. We can calculate the autocorrelation of Corsair Gaming returns to help us make a trade decision. For example, suppose you find that Corsair Gaming has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Corsair Gaming regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Corsair Gaming stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Corsair Gaming stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Corsair Gaming stock over time.
Current vs Lagged Prices |
| Timeline |
Corsair Gaming Lagged Returns
When evaluating Corsair Gaming's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Corsair Gaming stock have on its future price. Corsair Gaming autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Corsair Gaming autocorrelation shows the relationship between Corsair Gaming stock current value and its past values and can show if there is a momentum factor associated with investing in Corsair Gaming.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Corsair Stock
When determining whether Corsair Gaming is a strong investment it is important to analyze Corsair Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Corsair Gaming's future performance. For an informed investment choice regarding Corsair Stock, refer to the following important reports:Check out Corsair Gaming Correlation, Corsair Gaming Volatility and Corsair Gaming Alpha and Beta module to complement your research on Corsair Gaming. For more detail on how to invest in Corsair Stock please use our How to Invest in Corsair Gaming guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Corsair Gaming technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.