Behavioral Cluster Drift

Mahalanobis distance from assigned cluster centroid · 717 issuers · 18 weekly snapshots
as of 2026-05-30
Above P95 (chi₃)
38 / 717
53 above P90 · 664 in normal range
Worst drifter
LVIATH D=9.15
ISR · C4 · driver: spread_skewness
Biggest 4w move
LVIATH +6.45
ISR · now D=9.15
% drifting away
47%
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 LVIATH ISR C4 9.15 ▲ +6.45 spread_skewness
2 TPHLTT TTO C4 5.39 ▲ +4.08 spread_skewness
3 CWCFIN PAN C4 5.00 ▲ +3.06 beta_level
4 PARCRT PRY C4 5.06 ▲ +2.84 spread_skewness
5 NEXTPR MEX C0 6.78 ▲ +2.25 spread_skewness
6 CWCLN PAN C4 4.16 ▲ +3.07 beta_level
7 BCHINA CHN C4 4.03 ▲ +2.35 spread_skewness
8 JORDAN JOR C4 4.03 ▲ +2.05 beta_level
9 AEGEBZ BRA C5 5.60 ▲ +1.19 spread_skewness
10 SOAF ZAF C4 2.87 ▲ +2.51 vix_beta
11 MEXCAT MEX C4 2.92 ▲ +2.15 spread_skewness
12 FABUH ARE C4 2.61 ▲ +2.32 vix_beta
13 DEYNCN CHN C3 2.66 ▲ +1.36 beta_level
14 NHSECS KOR C1 2.45 ▲ +1.89 beta_level
15 ARAGVI MDA C4 3.05 ▲ +0.23 beta_level
16 AMMMK MYS C0 2.84 ▲ +1.04 spread_skewness
17 PETBRA BRA C4 2.28 ▲ +1.81 vix_beta
18 SFHOLD CHN C0 2.16 ▲ +1.91 spread_skewness
19 NAVOIM UZB C4 2.39 ▲ +1.10 spread_skewness
20 FUNOTR MEX C4 2.19 ▲ +1.58 spread_skewness
21 CELARA CHL C4 2.14 ▲ +1.71 spread_skewness
22 AYDEMT TUR C3 3.10 ▲ +0.49 beta_level
23 TEVA ISR C4 2.17 ▲ +1.29 beta_level
24 UZBEK UZB C4 2.24 ▲ +1.10 spread_skewness
25 MIANYA CHN C3 2.60 ▲ +0.22 beta_level
26 SAMMIN BRA C7 3.93 ▲ +0.17 spread_skewness
27 BINHLD ARE C6 4.73 ▲ +0.41 beta_level
28 PEMEX MEX C4 1.93 ▲ +1.65 vix_beta
29 GZGETH CHN C3 2.41 ▲ +0.12 beta_level
30 NICAU IDN C3 3.13 ▲ +0.46 beta_level
31 ZOREN TUR C6 2.03 ▲ +1.05 spread_skewness
32 TURKEY TUR C4 2.40 ▲ +0.50 spread_skewness
33 SHARSK ARE C4 1.85 ▲ +1.70 vix_beta
34 SAAVIE MEX C4 2.80 ▲ +0.25 spread_skewness
35 WUECDE CHN C3 2.37 ▲ +0.44 beta_level
36 MEX MEX C4 2.02 ▲ +0.61 beta_level
37 KTGC KOR C2 2.09 ▲ +0.44 beta_level
38 CDEL CHL C4 1.89 ▲ +0.74 beta_level
39 CHILE CHL C4 2.13 ▲ +0.45 beta_level
40 BEXBAH BHR C7 2.49 ▲ +0.30 spread_skewness