Corsair Gaming (Germany) Today
| 6C2 Stock | EUR 10.56 0.17 1.64% |
Performance0 of 100
| Odds Of DistressLess than 30
|
Corsair Gaming is trading at 10.56 as of the 30th of April 2024. This is a 1.64 percent increase since the beginning of the trading day. The stock's lowest day price was 10.28. Corsair Gaming has about a 30 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Corsair Gaming are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. Corsair Gaming, Inc. operates as a subsidiary of Corsair Group , LP. The company has 101.49 M outstanding shares. More on Corsair Gaming
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Corsair Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Corsair Gaming's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Corsair Gaming or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Air (View all Themes) |
| Business Concentration | Air, Computer Hardware, Technology, Computing (View all Sectors) |
Corsair Gaming (6C2) is traded on Frankfurt Exchange in Germany and employs 10 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Corsair Gaming's market, we take the total number of its shares issued and multiply it by Corsair Gaming's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Corsair Gaming classifies itself under Technology sector and is part of Computer Hardware industry. The entity has 101.49 M outstanding shares.
Corsair Gaming has accumulated about 121.62 M in cash with 66.39 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.32.
Check Corsair Gaming Probability Of Bankruptcy
Ownership AllocationCorsair Gaming retains a total of 101.49 Million outstanding shares. The majority of Corsair Gaming outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Corsair Gaming to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Corsair Gaming. Please pay attention to any change in the institutional holdings of Corsair Gaming as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Corsair Ownership Details
Corsair Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Corsair Gaming jumping above the current price in 90 days from now is about 90.25%. The Corsair Gaming probability density function shows the probability of Corsair Gaming stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Corsair Gaming has a beta of 0.5362. This suggests as returns on the market go up, Corsair Gaming average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Corsair Gaming will be expected to be much smaller as well. Additionally, corsair Gaming has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Corsair Gaming to move above the current price in 90 days from now is about 90.25 (This Corsair Gaming probability density function shows the probability of Corsair Stock to fall within a particular range of prices over 90 days) .
Corsair Gaming Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Corsair Gaming market risk premium is the additional return an investor will receive from holding Corsair Gaming long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Corsair Gaming. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Corsair Gaming's alpha and beta are two of the key measurements used to evaluate Corsair Gaming's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.62 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.12 | |||
| Risk Adjusted Performance | (0.07) |
Corsair Stock Against Markets
Picking the right benchmark for Corsair Gaming stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Corsair Gaming stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Corsair Gaming is critical whether you are bullish or bearish towards Corsair Gaming at a given time. Please also check how Corsair Gaming's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Corsair Gaming without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Corsair Gaming Corporate Management
Elected by the shareholders, the Corsair Gaming's board of directors comprises two types of representatives: Corsair Gaming inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Corsair. The board's role is to monitor Corsair Gaming's management team and ensure that shareholders' interests are well served. Corsair Gaming's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Corsair Gaming's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thi La | COO Pres | Profile | |
| Peter Hilliard | Chief Officer | Profile | |
| Ronald Veen | VP Relations | Profile | |
| Michael Buchanan | VP Sales | Profile | |
| Matthew Hsu | VP Products | Profile | |
| Michael Potter | CFO Officer | Profile | |
| Andrew Paul | CEO Founder | Profile |
How to buy Corsair Stock?
Before investing in Corsair Gaming, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Corsair Gaming. To buy Corsair Gaming stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Corsair Gaming. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Corsair Gaming stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Corsair Gaming stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Corsair Gaming stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Corsair Gaming, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Corsair Gaming?
The danger of trading Corsair Gaming is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Corsair Gaming is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Corsair Gaming. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Corsair Gaming is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary 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.
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