Today, roughly 20 years ago, the chart for stock ESRX made a big move. What could have caused it? There could be a billion good reasons. We at NoisyStocks have no idea what those reasons are. Instead of a careful & nuanced analysis, we have calculated this chart using a special throw-spaghetti-at-a-wall-and-see-what-sticks algorithm. Our marvelous approach takes random variables and makes wildly spurious correlations.
ESRX and rainfall in Leilani Estates
The spurious correlation between stock ESRX and rainfall in Leilani Estates
![chart showing the spurious stock correlation between stock ESRX and rainfall in Leilani Estates](https://noisystocks.kevinfocke.com/posts/2022-10-11-esrx/ESRX-corr-with-rainfall-in-Leilani%20Estates-US.webp)
Credits: Rainfall GPM IMERG dataset by NASA downloaded via Copernicus, Historical stock price dataset by Boris Marjanovic downloaded via Kaggle, Cities dataset from GeoNames