Behavioral Cluster Drift

Mahalanobis distance from assigned cluster centroid · 742 issuers · 23 weekly snapshots
as of 2026-08-02
Above P95 (chi₃)
49 / 742
68 above P90 · 674 in normal range
Worst drifter
BOPREA D=7.02
ARG · C3 · driver: spread_skewness
Biggest 4w move
SRILAN -7.67
LKA · now D=0.44
% drifting away
31%
slope > 0 over the last 4 weeks
Cluster heat — click to filter (bar height = # outliers ≥ P90)
Top drifters — composite rank (60% recent slope, 40% latest level)
Top 40 by default · cluster click or search expands · 40 visible thresholds: P90=2.50 · P95=2.79 · P99=3.37 (chi₃)
# Issuer Country Cluster DM Δ 4w 16w path Top driver
1 BOPREA ARG C3 7.02 ▲ +7.00 spread_skewness
2 BEXBAH BHR C3 6.86 ▲ +6.84 spread_skewness
3 TECOAR ARG C3 6.53 ▲ +5.85 spread_skewness
4 VESTL TUR C4 5.44 ▲ +3.58 beta_level
5 BOLIVI BOL C3 6.91 ▲ +5.08 beta_level
6 METINV UKR C3 6.55 ▲ +5.78 spread_skewness
7 PDCAR ARG C3 6.60 ▲ +5.75 spread_skewness
8 BUENOS ARG C3 6.55 ▲ +5.75 spread_skewness
9 BMAAR ARG C3 6.36 ▲ +5.81 spread_skewness
10 RILIN IND C3 6.60 ▲ +4.77 spread_skewness
11 SIMHBZ BRA C3 6.21 ▲ +4.32 spread_skewness
12 VEDLN IND C0 5.08 ▲ +3.45 beta_level
13 CWCLN PAN C1 4.43 ▲ +3.83 vix_beta
14 PLUSPE ARG C1 5.51 ▲ +2.54 spread_skewness
15 TNEMAK MEX C1 3.56 ▲ +2.63 spread_skewness
16 PERTIJ IDN C1 4.05 ▲ +2.42 beta_level
17 CHEVBK CHN C1 3.51 ▲ +2.88 vix_beta
18 PLNIJ IDN C1 3.79 ▲ +2.51 beta_level
19 DBKAZ KAZ C1 3.47 ▲ +2.20 beta_level
20 MAGELL ARE C2 4.27 ▲ +1.83 beta_level
21 HWFPCO KOR C3 3.33 ▲ +2.01 spread_skewness
22 AHL BMU C3 2.80 ▲ +2.33 beta_level
23 NAVOIM UZB C1 3.21 ▲ +1.53 beta_level
24 KTGC KOR C3 2.84 ▲ +1.95 beta_level
25 RAIZBZ BRA C3 2.97 ▲ +1.23 spread_skewness
26 SFHOLD CHN C3 2.56 ▲ +2.35 beta_level
27 CRHZCH CHN C3 2.70 ▲ +1.90 beta_level
28 BCHINA CHN C1 2.42 ▲ +2.14 vix_beta
29 PKSTAN PAK C1 2.99 ▲ +1.20 beta_level
30 BORRNO MEX C1 4.53 ▲ +0.93 beta_level
31 PETMK MYS C1 2.60 ▲ +1.59 beta_level
32 COLOM COL C1 2.65 ▲ +1.41 spread_skewness
33 CHPWCN CHN C3 2.62 ▲ +1.38 beta_level
34 YARNO BRA C3 2.24 ▲ +1.92 beta_level
35 GRNKEN IND C1 2.51 ▲ +1.35 beta_level
36 CCB CHN C1 2.30 ▲ +1.76 vix_beta
37 PHILIP PHL C1 2.38 ▲ +1.48 beta_level
38 AKBNK TUR C3 2.93 ▲ +0.97 spread_skewness
39 MOZAM MOZ C1 4.06 ▲ +0.79 beta_level
40 DAMACR ARE C1 2.94 ▲ +0.92 beta_level