Corsair Gaming Stock Market Value
| CRSR Stock | USD 10.52 0.55 5.52% |
| Symbol | Corsair |
Corsair Gaming Price To Book Ratio
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Corsair Gaming. If investors know Corsair will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Corsair Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Earnings Share (0.95) | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets |
The market value of Corsair Gaming is measured differently than its book value, which is the value of Corsair that is recorded on the company's balance sheet. Investors also form their own opinion of Corsair Gaming's value that differs from its market value or its book value, called intrinsic value, which is Corsair Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Corsair Gaming's market value can be influenced by many factors that don't directly affect Corsair Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Corsair Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corsair Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corsair Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Corsair Gaming on December 15, 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 Clover Health, Skillz Platform, and Fubotv. 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 | 3.5 | |||
| Information Ratio | 0.151 | |||
| Maximum Drawdown | 34.05 | |||
| Value At Risk | (5.67) | |||
| Potential Upside | 6.77 |
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 | 0.1216 | |||
| Jensen Alpha | 0.8755 | |||
| Total Risk Alpha | 1.21 | |||
| Sortino Ratio | 0.2066 | |||
| Treynor Ratio | 0.2562 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Corsair Gaming's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Corsair Gaming Backtested Returns
Corsair Gaming appears to be slightly risky, given 3 months investment horizon. Corsair Gaming secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16 % 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 0.75% is justified by implied risk. Please makes use of Corsair Gaming's Mean Deviation of 3.25, risk adjusted performance of 0.1216, and Downside Deviation of 3.5 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 12. The firm shows a Beta (market volatility) of 2.4, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Corsair Gaming will likely underperform. Please check Corsair Gaming's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Corsair Gaming's price patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
Corsair Gaming has modest predictability. Overlapping area represents the amount of predictability between Corsair Gaming time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 0.5 indicates that about 50.0% of current Corsair Gaming price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 1.32 |
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 |
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.