How do I interpert the reports from the Neural Credit Assistant?     1. Current Period: This is the latest financial information used to calculate the Neural Rating. As new financials are released by the company, the Neural Rating will be recalculated. 2. Rating Agency Rating: This is a generic corporate credit rating that the national rating agencies have assigned the company. 3. Neural Rating: This is the corporate credit rating that equates to the score for the company that the Neural Credit Assistant has calculated. (See the Rating Key to see how the Neural Credit Sores translate into ratings.) 4. Rating Agency Score: This is the generic corporate credit rating (Item # 2) transformed into the Neural Credit Score. 5. Neural Score: This is the corporate credit score for the company that the Neural Credit Assistant has calculated. (See the Rating Key to see how the Neural Credit Sores translate into ratings.) 6. Neural Rating Variance: The rating variance is calculated by taking the Neural Score (#5) subtracting the Rating Agency Score (#4) and then diving the result by the Rating Agency Score. This number highlights disagreements between the Neural Credit Assistant and the Rating Agencies. 7. Neural Rating Variance Rank: We rank the Rating Variances (Item #6) from the lowest to the highest in a percentile ranking. The higher the percentile ranking the more the Neural Credit Assistant believes that the company is being underrated by the Rating Agencies. 8. Prior Neural Rating Variance: This is the same variance procedure as in (Item #6) but for the prior period for the company. 9. Prior Neural Rating Variance Rank: This is the same variance ranking procedure as in (Item #7) but for the prior period for the company. 10. Prior Period: This is the latest financial information used to calculate the Neural Rating for the company in the prior period. 11. Prior Neural Score: This is the corporate credit score for the company that the Neural Credit Assistant calculated in the prior period. 12. Prior Neural Rating: This is the corporate credit rating that equates to the score for the company that the Neural Credit Assistant calculated for the prior period. This field will only be populated if the rating during the prior period is different the current period. 13. Prior Rating Agency Rating: This is a generic corporate credit rating that the national rating agencies assigned the company for the prior period. This field will only be populated if the rating during the prior period is different the current period. 14. Spread Variance: This variance is derived by calculating a corporate spread based on the Neural Credit Score and then subtracting the corporate spread for the rating Agency Score. Thus a negative spread variance would indicate a potential spread narrowing and a positive spread a spread widening. 15. Spread Variance Rank: We rank the Spread Variances (Item #14) from the lowest to the highest in a percentile ranking. The higher the percentile ranking the richer that the company is trading versus its actual credit condition and conversely the lower the ranking the cheaper it is trading.   Back