1. It scans the whole market through two gates
Every day it checks the price of thousands of companies and keeps the ones that fell at least 8% in a single session, or 12% cumulatively over the last 48 hours. Either gate qualifies; it only counts if it happened within that 48-hour window.
2. It looks for the real cause
It checks which news item or official filing explains the fall, and that it came before the fall rather than after it. With no cause found, the company is dropped.
3. It checks whether the problem is temporary
It runs 10 checks on cash, debt, margins, the company's response and the sector. Every check cites the figure it is based on.
4. It scores and publishes, or discards and explains why
The score comes from 7 objective factors computed in code, not by AI. Not every company that clears gates 1 and 2 gets published: the funnel below shows how many get fully researched and how many cross that bar on the latest run. Every discarded company is recorded with its reason.