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Correlation Analysis

BERKSHIRE HATHAWAY Class B vs CPILFESL

BRK.B vs CPILFESL

+0.907

Very strong positive

When one moves up, the other tends to follow.

BRK.B logo

BERKSHIRE HATHAWAY Class B

BRK.B

Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from its operations to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the companies that make up its manufacturing, service, and retailing operations (which include Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis. Berkshire is expected to generate close to $375 billion in revenue in 2025.

Market cap 1T

F

CPILFESL

CPILFESL

Apr 1, 2021 — Feb 1, 2026Monthly58 observationsStockFRED

Who Moves First

CPILFESL leads BRK.B by 6 months

CPILFESL tends to move before BRK.B.

Best correlation after shifting: +0.916 (13 shifts scanned)

Stability

Rolling Correlation

How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.

Dashed line = zero correlationRange: -1 to +1

Do They Crash Together?

Correlation by Market Regime

How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.

Both Rising

-0.043

23 periods · Return correlation when both series rose

Both Falling

N/A

0 periods · Return correlation when both series fell

Diverging

-0.630

12 periods · Return correlation when series moved apart

R-Squared

82.3%

Share of variance in one series explained by the other.

Trend Agreement

68.4%

How often both series moved in the same direction period-to-period.

Overlap Quality

58

Thin shared window — 58 usable pairs.

Significance

p < 0.001

95% CI: [0.847, 0.944]

Time Series

Rebased to 100

Green: BRK.BGray: CPILFESL36 of 58 points (sampled)

Scatter

XY Regression

251.2300350400450500534.3268.9270280290300310320330338.3BERKSHIRE HATHAWAY Class BCPILFESLData pointsFit (r = 0.907)

Pipeline

Data quality details

Pipeline Summary

58 paired observations survived the monthly window.

Raw input

1,254

829

Normalized

1,254

829

Prepared

61

829

Aligned

58

58

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

774

A: 3 / B: 771

Series A

BRK.B logo

BERKSHIRE HATHAWAY Class B

BRK.B

Market cap 1T

Stock · 1,254 raw → 61 prepared

Series B

F

CPILFESL

FRED · 829 raw → 829 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

1

Estimated crossover points between normalized spreads.

Slope

0.1901

Linear regression slope.

Intercept

236.4203

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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