Corsair Competitors

Stocks . Germany . 
Stock . Corsair Gaming
6C2 Stock  EUR 6.88  0.20  2.82%   
Corsair Gaming competes with INSURANCE AUST, MINCO SILVER, Selective Insurance, Japan Post, and MCEWEN MINING; as well as few others. The company classifies itself under Technology sector and is part of Computer Hardware industry. Analyzing Corsair Gaming competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Corsair Gaming to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Corsair Gaming Correlation with its peers.
For more detail on how to invest in Corsair Stock please use our How to Invest in Corsair Gaming guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Corsair Gaming competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
2.616.8811.15
Details
Intrinsic
Valuation
LowRealHigh
0.995.269.53
Details

Corsair Gaming Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Corsair Gaming and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Corsair and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Corsair Gaming does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ZFI1
+ 0.74
SV2
ZFI1
+ 0.62
NRM
4JP
+ 0.61
NRM
SV2
+ 0.59
NRM
SV2
+ 0.49
XYD
ZFI1
+ 0.42
XYD
  
High negative correlations   
US8
- 0.61
4JP
GG7
- 0.38
XYD
4JP
- 0.33
GG7
US8
- 0.33
NRM
GG7
- 0.01
NRM
ZFI1
- 0.0
M8Z

Risk-Adjusted Indicators

There is a big difference between Corsair Stock performing well and Corsair Gaming Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Corsair Gaming's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Corsair Gaming Competitive Analysis

The better you understand Corsair Gaming competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Corsair Gaming's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Corsair Gaming's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
6C2 NRM XYD M8Z SV2 GG7 4JP US8 ZFI1
 2.82 
 6.88 
Corsair
 2.40 
 4.88 
INSURANCE
 0.00 
 0.13 
MINCO
 0.00 
 0.06 
MAGNUM
 1.11 
 91.00 
Selective
 1.16 
 1.70 
GRIFFIN
 1.06 
 19.10 
Japan
 3.14 
 8.20 
MCEWEN
 0.69 
 29.20 
ZURICH
Market Volatility
(90 Days Market Risk)
Moderately volatile
Somewhat reliable
Out of control
Very steady
Very steady
Very risky
Not too volatile
Slightly risky
Very steady
Market Performance
(90 Days Performance)
Insignificant
Good
Insignificant
Very Weak
OK
Insignificant
OK
Weak
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Low
Quite High
Low
Low
About Average
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Buy
Strong Sell
Strong Sell
Hold
Strong Sell
Hold
Strong Sell
Strong Buy
Current Ratio
1.42
N/A
N/A
N/A
0.34
N/A
N/A
N/A
N/A
Net Asset
1.3 B
34.08 B
48.79 M
10.38 M
10.8 B
N/A
67.17 T
N/A
377.78 B
Profit Margin
-0.0396
N/A
N/A
N/A
0.0632
N/A
N/A
N/A
N/A
EBITDA
(1.06 M)
N/A
(661.92 K)
N/A
351.38 M
N/A
N/A
N/A
N/A
Operating Margin
-0.0395
N/A
N/A
N/A
0.0869
N/A
N/A
N/A
N/A
Current Valuation
1.72 B
8.96 B
(12.92 M)
8.03 M
5.75 B
N/A
(287.7 M)
N/A
74.68 B
Price To Book
2.98
1.86
0.28
17.05
2.38
N/A
0.38
N/A
2.51
Beta
1.92
N/A
N/A
N/A
0.64
N/A
N/A
N/A
N/A
Number Of Employees
10
N/A
N/A
N/A
2.52 K
N/A
N/A
430
N/A
Shares Outstanding
101.49 M
N/A
N/A
N/A
60.34 M
N/A
N/A
N/A
N/A
Cash Flow From Operations
66.39 M
N/A
(2.29 M)
N/A
802.41 M
N/A
(2.76 T)
N/A
N/A
Annual Yield
N/A
0.0571
N/A
N/A
0.0119
N/A
2.68
N/A
N/A
Total Debt
232.17 M
2.02 B
N/A
N/A
500.96 M
N/A
300 B
N/A
13.97 B
Return On Equity
-0.0882
N/A
N/A
N/A
0.0816
N/A
N/A
N/A
N/A
Z Score
5.2
1.8
N/A
N/A
6.6
N/A
N/A
N/A
1.8
Return On Asset
-0.0258
N/A
N/A
N/A
0.0182
N/A
N/A
N/A
N/A
Book Value Per Share
6.15
N/A
N/A
N/A
38.58
N/A
N/A
N/A
N/A
Total Asset
1.3 B
34.08 B
48.79 M
10.38 M
10.8 B
N/A
67.17 T
N/A
377.78 B
Debt To Equity
0.66
N/A
N/A
N/A
29.8
N/A
N/A
N/A
N/A
Target Price
39.67
N/A
N/A
N/A
85.8
N/A
N/A
N/A
N/A
Last Dividend Paid
N/A
0.1
N/A
N/A
1.14
N/A
N/A
N/A
N/A
Shares Owned By Institutions
78.59
N/A
N/A
N/A
86.5
N/A
N/A
N/A
N/A
Market Capitalization
1.65 B
6.86 B
14.25 M
25.8 M
5.8 B
N/A
5.61 B
N/A
55.12 B
Price To Earning
15.45
N/A
N/A
N/A
18.07
N/A
N/A
N/A
N/A
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.87
Price To Sales
0.94
1.37
N/A
N/A
1.4
N/A
0.26
N/A
1.48
Net Income
(54.39 M)
N/A
(1.54 M)
N/A
224.89 M
N/A
158.06 B
N/A
N/A
Earnings Per Share
-0.6
N/A
N/A
N/A
3.34
N/A
N/A
N/A
N/A
Shares Owned By Insiders
3.65
N/A
N/A
N/A
2.17
N/A
N/A
N/A
N/A
Revenue
1.38 B
N/A
N/A
N/A
3.56 B
N/A
N/A
N/A
N/A
Cash And Equivalents
121.62 M
N/A
N/A
N/A
291.17 M
N/A
N/A
N/A
N/A
Cash Per Share
1.32
N/A
N/A
N/A
4.92
N/A
N/A
N/A
N/A
Gross Profit
296.63 M
N/A
N/A
N/A
740.47 M
N/A
N/A
N/A
N/A
Day Typical Price
6.88
4.88
0.13
0.0608
91.0
1.7
19.1
8.27
29.13
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.0355
0.0068
Market Facilitation Index
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.3
0.2
Daily Balance Of Power
(9,223,372,036,855)
(9,223,372,036,855)
0.0
0.0
9.2 T
(9,223,372,036,855)
9.2 T
0.8333
1.0
Period Momentum Indicator
(0.20)
(0.12)
N/A
N/A
1.0
(0.02)
0.2
0.25
0.2
Rate Of Daily Change
0.97
0.98
1.0
1.0
1.01
0.99
1.01
1.03
1.01
Day Median Price
6.88
4.88
0.13
0.0608
91.0
1.7
19.1
8.3
29.1
Price Action Indicator
(0.10)
(0.06)
N/A
N/A
0.5
(0.01)
0.1
0.025
0.2
Coefficient Of Variation
1218.56
590.46
2067.2
N/A
993.95
958.2
1062.19
160996.47
485.81
Mean Deviation
2.88
1.13
1.91
N/A
1.29
1.67
1.27
2.49
0.7732
Jensen Alpha
0.2911
0.1868
0.3675
N/A
0.1501
0.2297
0.1642
(0.11)
0.2046
Total Risk Alpha
(0.32)
0.0109
(0.52)
N/A
(0.10)
(0.12)
(0.13)
(0.53)
0.0433
Sortino Ratio
0.0592
0.089
N/A
N/A
0.0243
0.0435
0.032
(0.04)
0.0947
Downside Variance
13.65
1.86
N/A
N/A
3.46
5.99
3.28
12.16
0.8689
Standard Deviation
4.23
1.48
4.75
N/A
1.73
2.25
1.98
3.37
1.05
Kurtosis
6.06
0.4853
8.35
N/A
1.85
0.7544
10.19
1.74
2.48
Potential Upside
5.99
3.07
9.09
N/A
2.76
3.28
2.72
5.52
2.19
Treynor Ratio
0.8649
0.5345
(0.18)
N/A
1.42
(5.85)
1.7
(0.01)
10.61
Maximum Drawdown
22.48
7.43
28.33
N/A
9.71
11.91
10.37
20.89
5.45
Variance
17.92
2.18
22.56
N/A
2.98
5.07
3.93
11.39
1.11
Market Risk Adjusted Performance
0.8749
0.5445
(0.17)
N/A
1.43
(5.84)
1.71
6.0E-4
10.62
Risk Adjusted Performance
0.0709
0.1343
0.0454
N/A
0.0825
0.0864
0.0781
0.0082
0.1601
Skewness
0.0978
0.4338
1.06
N/A
0.3174
0.1353
2.05
(0.26)
1.29
Semi Deviation
3.45
0.9925
N/A
N/A
1.42
1.89
1.31
3.19
0.3264
Information Ratio
0.0517
0.0823
0.0213
N/A
0.0262
0.0473
0.0292
(0.04)
0.0838
Value At Risk
(3.64)
(1.80)
(7.69)
N/A
(2.87)
(3.93)
(2.35)
(5.52)
(0.77)
Expected Short fall
(3.62)
(1.53)
N/A
N/A
(1.64)
(2.14)
(1.74)
(2.93)
(1.49)
Downside Deviation
3.7
1.36
N/A
N/A
1.86
2.45
1.81
3.49
0.9321
Semi Variance
11.9
0.9851
N/A
N/A
2.03
3.59
1.71
10.18
0.1066

Corsair Gaming Competition Performance Charts

Five steps to successful analysis of Corsair Gaming Competition

Corsair Gaming's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Corsair Gaming in relation to its competition. Corsair Gaming's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Corsair Gaming in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Corsair Gaming's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Corsair Gaming, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Corsair Gaming position

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.

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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:
How To Invest In Corsair
Details
Is Corsair Stock a good investment?
Details
What is Corsair Gaming's Net Worth?
Details
Largest Technology Hardware, Storage & Peripherals Companies
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Largest Technology Hardware & Equipment Companies
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Check out Corsair Gaming Correlation with its peers.
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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