RuncheyResearch
All Concepts
Signal

Regulatory Exposure

Are there material legal, regulatory, or policy risks?

Assessment Spectrum

MINIMAL
MANAGEABLE
ELEVATED
EXISTENTIAL
BestWorst
How This Signal Affects Analysis
This signal provides a standardized assessment that makes it easy to compare across different companies. When multiple lenses produce this signal, disagreements surface where the evidence is ambiguous.

Assessment Labels

Every analysis assigns one of 4 categorical labels to this signal. Labels represent a spectrum from best to worst assessment.

MINIMALBest outcome

Standard regulatory compliance with no special exposure. No pending adverse actions or material policy dependencies.

MANAGEABLEPositive outcome

Some regulatory exposure but manageable. Compliance costs may increase but business model is not threatened.

ELEVATEDConcerning outcome

Material regulatory risk. Pending legislation, active investigations, or significant policy dependency that could impair business.

EXISTENTIALWorst outcome

Business model faces existential regulatory threat. Regulatory arbitrage at risk of closure or enforcement actions could terminate operations.

What This Signal Captures

Litigation overhangInvestigation statusPolicy dependencyLicensing riskReimbursement exposure

Lenses That Produce This Signal

Multiple lenses can assess the same signal independently. When lenses disagree, we surface the conflict rather than hiding it.

Gravy Gauge

Is this revenue durable, or does it depend on conditions that could change?

Revenue Revealer

Is revenue structurally sound or dependent on fragile conditions?

Regulatory Reader

Is the company exposed to material regulatory risk?

All ConceptsLearn about Evidence Levels