Correlation Analysis
BERKSHIRE HATHAWAY Class B vs Credo Technology Group Holding Ltd Ordinary Shares
BRK.B vs CRDO
+0.753
Strong positive
When one moves up, the other tends to follow.
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
Credo Technology Group Holding Ltd Ordinary Shares
↗CRDO
Credo Technology Group Holding Ltd delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. It has a geographic presence in Hong Kong, the United States, Mainland China, Taiwan, and the Rest of the World.
Market cap 18.9B · 622 employees
Time Series
Relative Performance
Who Moves First
BRK.B leads CRDO by 6 days
BRK.B tends to move before CRDO.
After testing 13 timing shifts, the strongest relationship was +0.759 (they moved in the same direction).
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
-0.013
14 periods · Return correlation when both series rose
Both Falling
-0.364
7 periods · Return correlation when both series fell
Diverging
-0.803
14 periods · Return correlation when series moved apart
R-Squared
56.7%
Share of variance in one series explained by the other.
Trend Agreement
53.7%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,051
Deep shared window — 1,051 usable pairs.
Significance
p < 0.001
95% CI: [0.726, 0.778]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,051 paired data points survived the daily window.
Raw input
1,254
1,051
Normalized
1,254
1,051
Prepared
1,254
1,051
Aligned
1,051
1,051
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
203
A: 203 / B: 0
Series A
BERKSHIRE HATHAWAY Class B
BRK.B
Market cap 1T
Stock · 1,254 raw → 1,254 prepared
Series B
Credo Technology Group Holding Ltd Ordinary Shares
CRDO
Market cap 18.9B · 622 employees
Stock · 1,051 raw → 1,051 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
29
Estimated crossover points between normalized spreads.
Slope
0.4339
Linear regression slope.
Intercept
-127.5415
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
BRK.B
BERKSHIRE HATHAWAY Class B
Highest
+0.968
Republic Services Inc.
RSG · 1,254 data points
Lowest
-0.918
United Parcel Service, Inc. Class B
UPS · 1,254 data points
CRDO
Credo Technology Group Holding Ltd Ordinary Shares
Highest
+0.906
JPMorgan Chase & Co.
JPM · 1,051 data points
Lowest
+0.489
Exxon Mobil Corporation
XOM · 1,051 data points
Saved 6 hours ago · ID: stock-brk-b-vs-stock-crdo-daily