No, there is not. In general, it's a bad idea to try to color-correct with a mouse... but having said that, there are some brilliant colorists around the world that work this way (particularly with Lustre). To me, it makes no sense if a panel is available, and it's a very slow way of working plus you can't move two knobs at the same time, but that's me.
You can switch back and forth between Primary mode and Log mode with option-Z, but that's not quite the same thing. It would theoretically be possible to use a 3rd party keyboard like an XKeys panel to automatically jump into the numerical window for Lift, Gamma, or Gain, but that won't let you move the virtual trackball.