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ASTC vs CRSR: Correlation

How closely do Astrotech Corporation (ASTC) and Corsair Gaming, Inc. (CRSR) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.48
moderate
Correlation (1Y)
0.60
last 12 months
Correlation (5Y)
0.43
long-run
Ann. covariance
41386.5
%² · weekly, annualized

How correlated are ASTC and CRSR?

Across a 3-year window, the weekly returns of ASTC and CRSR correlate at 0.48, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.60 versus 0.48 over 3 years. Stretching to 5 years gives 0.43, with an annualized covariance of 41386.5 %².

Among the 47 assets we track against ASTC, CRSR ranks #7 by 3-year correlation. Twelve-month performance is nearly a tie, at +37.5% for ASTC and +35.5% for CRSR. Note the risk asymmetry: ASTC runs 17.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

ASTC vs CRSR: side by side

ASTC (Astrotech Corporation)CRSR (Corsair Gaming, Inc.)
1-year return+37.5%+35.5%
5-year return-78.4%-57.7%
Volatility (ann.)1206.9%71.0%
Beta vs S&P 5004.812.22
Max drawdown (3Y)-87.5%-71.3%
Market cap$1.3B
P/E (trailing)38.6
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: CRSR -71.3% vs -87.5%Higher 5y return: CRSR -57.7% vs -78.4%
-54%0%+896%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ASTC · CRSR

Year-by-year returns

YearASTCCRSR
2022-51.0%-35.4%
2023-15.0%+3.9%
2024-20.8%-53.1%
2025-48.5%-10.1%
2026+105.8%+101.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ASTC and CRSR good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between ASTC and CRSR?

The ASTC/CRSR correlation stands at 0.48 on a 3-year window (1 year: 0.60, 5 years: 0.43), computed from weekly returns as of 2026-08-27.

Is CRSR a good diversifier for ASTC?

Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.48 mean?

On the −1 to +1 scale, 0.48 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

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ASTC vs CRSR: 3-year weekly correlation 0.48ASTC vs CRSR0.48

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Related comparisons

Hubs: ASTC correlations · CRSR correlations