What a Probe Score measures
A Probe Score is a model-generated summary of selected SEC filing signals for a tracked company. The current public ranking snapshot uses a rolling 365-day window and scoring version v1. The total is capped at 10.0 and is intended to help researchers decide where to inspect the source filings.
The score is not an SEC conclusion, a probability of regulatory action, a measure of company quality, or an investment recommendation. Filing coverage, AI analysis, and score refresh timing can affect what is represented, so verify important details in the original filings.
How the components are combined
The v1 score combines four correspondence-based components with a separate notable 8-K modifier. Each component is shown on the company detail page so the total can be checked rather than treated as a black box.
- SEC comment-letter volume (0–4 points): counts qualifying SEC comment-letter uploads in the scoring window. The v1 tiers are 0 points for no letters, 1 for one, 2 for two, 3 for three or four, and 4 for five or more.
- Sentiment and urgency (up to 2 points): uses the strongest applicable filing-level AI sentiment, urgency, and SEC-posture bucket across qualifying correspondence. It does not add every letter's bucket together.
- Keyword matches (0 or 1 point): adds one point when configured probe keywords match the available filing text or AI analysis. Multiple keyword matches do not stack additional points.
- Signal matches (up to 2 points): uses the strongest configured signal match in the available correspondence text and analysis.
- Notable 8-K modifier (up to 1.5 points): applies event-severity and relative-recency weights to the two highest-weighted 8-K items. Its cap is lower when the correspondence-based total is already high.
The total is the rounded sum of the correspondence-based components and the 8-K modifier, capped at 10.0. These rules are specific to version v1; check the version shown with each score before comparing values.
Read both dates
Computed date is when the stored score was last recalculated. Latest activity date is the date of the newest qualifying filing represented in the scoring window. They describe different events: a recently computed score can still reflect older filing activity.
Use the component values, the scoring window and version, both dates, and the filing links together. If a component or date is missing, treat that as a data-coverage limitation rather than assuming there was no relevant regulatory activity.