Corsair Gaming Inc (CRSR)
Corsair Gaming, Inc. designs, markets and distributes gaming and broadcast peripherals, components and systems in the Americas, Europe, the Middle East and Asia Pacific.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 154.72% per annum.
- CRSR price at the close of March 31, 2025 was $8.86 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 91.35% per annum.
- CRSR price at the close of March 31, 2025 was lower than the bottom border of the secondary price channel by $0.01 (0.07%).
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of CRSR price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: August 2, 2024
End date: March 28, 2025
a = -1.8737
b = 0.0026
s = 0.1087
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0026) – 1
= 154.72%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1087) – 1
= 54.49%
August 2, 2024 calculations
Top border of price channel:
Exp(Y970)
= Exp(a + b × X970 + 2 × s)
= Exp(a + b × 1,409 + 2 × s)
= Exp(-1.8737 + 0.0026 × 1,409 + 2 × 0.1087)
= Exp(1.9532)
= $7.05
Bottom border of price channel:
Exp(Y970)
= Exp(a + b × X970 – 2 × s)
= Exp(a + b × 1,409 – 2 × s)
= Exp(-1.8737 + 0.0026 × 1,409 – 2 × 0.1087)
= Exp(1.5182)
= $4.56
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,133)
= Exp(a + b × X1,133 + 2 × s)
= Exp(a + b × 1,647 + 2 × s)
= Exp(-1.8737 + 0.0026 × 1,647 + 2 × 0.1087)
= Exp(2.5628)
= $12.97
Bottom border of price channel:
Exp(Y1,133)
= Exp(a + b × X1,133 – 2 × s)
= Exp(a + b × 1,647 – 2 × s)
= Exp(-1.8737 + 0.0026 × 1,647 – 2 × 0.1087)
= Exp(2.1279)
= $8.40
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 154.72% per annum.
- CRSR price at the close of March 31, 2025 was $8.86 and was inside the primary price channel.
Secondary Trend
Start date: February 13, 2025
End date: March 31, 2025
a = 13.3010
b = -0.0067
s = 0.0260
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0067) – 1
= -91.35%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0260) – 1
= 10.98%
February 13, 2025 calculations
Top border of price channel:
Exp(Y1,103)
= Exp(a + b × X1,103 + 2 × s)
= Exp(a + b × 1,604 + 2 × s)
= Exp(13.3010 + -0.0067 × 1,604 + 2 × 0.0260)
= Exp(2.5949)
= $13.40
Bottom border of price channel:
Exp(Y1,103)
= Exp(a + b × X1,103 – 2 × s)
= Exp(a + b × 1,604 – 2 × s)
= Exp(13.3010 + -0.0067 × 1,604 – 2 × 0.0260)
= Exp(2.4908)
= $12.07
March 31, 2025 calculations
Top border of price channel:
Exp(Y1,134)
= Exp(a + b × X1,134 + 2 × s)
= Exp(a + b × 1,650 + 2 × s)
= Exp(13.3010 + -0.0067 × 1,650 + 2 × 0.0260)
= Exp(2.2864)
= $9.84
Bottom border of price channel:
Exp(Y1,134)
= Exp(a + b × X1,134 – 2 × s)
= Exp(a + b × 1,650 – 2 × s)
= Exp(13.3010 + -0.0067 × 1,650 – 2 × 0.0260)
= Exp(2.1822)
= $8.87
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 91.35% per annum.
- CRSR price at the close of March 31, 2025 was lower than the bottom border of the secondary price channel by $0.01 (0.07%).