Today, roughly 20 years ago, the chart for stock RIG 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.
RIG and rainfall in Ipora
The spurious correlation between stock RIG and rainfall in Ipora
![chart showing the spurious stock correlation between stock RIG and rainfall in Ipora](https://noisystocks.kevinfocke.com/posts/2022-10-28-rig/RIG-corr-with-rainfall-in-Ipora-BR.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