Corsair Price To Sales Ratio from 2010 to 2024
| CRSR Stock | USD 7.38 0.16 2.22% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.98980817 | Current Value 1.68 | Quarterly Volatility 0.66165297 |
Check Corsair Gaming financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corsair Gaming's main balance sheet or income statement drivers, such as Interest Expense of 20.3 M, Ebit of 9.2 M or Depreciation And Amortization of 48.6 M, as well as many indicators such as Price To Sales Ratio of 1.68, Dividend Yield of 0.0036 or PTB Ratio of 2.06. Corsair financial statements analysis is a perfect complement when working with Corsair Gaming Valuation or Volatility modules.
Corsair | Price To Sales Ratio |
Latest Corsair Gaming's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Corsair Gaming over the last few years. Price to Sales Ratio is figured by comparing Corsair Gaming stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Corsair Gaming sales, a figure that is much harder to manipulate than other Corsair Gaming multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Corsair Gaming's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corsair Gaming's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.59 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Corsair Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 1.89 | |
| Geometric Mean | 1.76 | |
| Coefficient Of Variation | 35.09 | |
| Mean Deviation | 0.59 | |
| Median | 1.96 | |
| Standard Deviation | 0.66 | |
| Sample Variance | 0.44 | |
| Range | 1.6095 | |
| R-Value | (0.85) | |
| Mean Square Error | 0.13 | |
| R-Squared | 0.72 | |
| Significance | 0.000067 | |
| Slope | (0.13) | |
| Total Sum of Squares | 6.13 |
Corsair Price To Sales Ratio History
About Corsair Gaming Financial Statements
Corsair Gaming shareholders use historical fundamental indicators, such as Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Corsair Gaming investors may analyze each financial statement separately, they are all interrelated. The changes in Corsair Gaming's assets and liabilities, for example, are also reflected in the revenues and expenses on on Corsair Gaming's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.99 | 1.68 |
Pair Trading with Corsair Gaming
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Corsair Gaming position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Corsair Gaming will appreciate offsetting losses from the drop in the long position's value.Moving together with Corsair Stock
Moving against Corsair Stock
The ability to find closely correlated positions to Corsair Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corsair Gaming when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Corsair Gaming - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Corsair Gaming to buy it.
The correlation of Corsair Gaming is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Corsair Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corsair Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Corsair Gaming can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.