RayDar AI value chain intelligence
Tuesday, October 27 2026 · 21:07 UTC
Market regime: Risk-On · scores × 1.00
What is Market Regime?

A systemic filter applied to all layer scores. Reflects the overall macro environment for AI investments today.

Risk-On — no risk signal and at most one neutral one. Scores at full strength.
Neutral — some macro stress. Scores dampened.
Risk-Off — broad macro stress. Scores dampened strongly.

Signals used: VIX · 10Y yield change · NASDAQ vs S&P 500

Rule applied: Risk-Off (scores × 0.65) needs two risk signals: VIX above 30, 10Y yield up more than 100 bps over 20 sessions, NASDAQ more than 5 percentage points behind the S&P 500 over its last 20 closes. Neutral (× 0.85) needs one risk signal or two neutral ones: VIX above 20, yield up more than 50 bps, NASDAQ more than 2 percentage points behind. Otherwise Risk-On (× 1.00). A missing signal doesn't vote.
VIX
17.5
Low fear
10Y YIELD CHANGE
-26.2
bps · falling
NASDAQ VS S&P
-2.4%
Tech lagging
LAYERS SCORED
7
35 tickers
AI value chain — signal scores
Hot / bottleneck Emerging Neutral / healthy Cooling
Data: close of Tuesday, October 27 · fetched 21:07 UTC · Quarterly financials: latest reported quarter, up to ~5 months old
Methodology change after the Oct 23 close: Revenue growth is now true year-over-year (each quarter vs the same quarter a year earlier), with SEC filings filling quarters Yahoo Finance lacks. HBM memory's earlier Red rested on a 2-quarter calculation; colour changes since then reflect the fix, not a market move.
Signal heat trail
Daily analysis — Gemini 2.5-flash · 21:07
How to read this dashboard methodology
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What the colors mean
Red — current bottleneck
Layer score above 65 (market-cap weighted), held above 55 on 2 of the last 3 sessions. A score above 80 turns Red at once. The strongest bottleneck signal in the chain right now.
Orange — emerging
Layer score 45–65: building momentum toward a bottleneck.
Green — neutral / healthy
Layer score 25–45: growing, no strong bottleneck signal.
Blue — cooling
Layer score below 25, or year-over-year revenue growth down more than 5 points at every company in the layer.
Colours are held: a layer keeps its colour from recent sessions until its score moves more than 10 points past that colour's threshold (Red holds down to 55, Orange down to 35), so a layer can show a colour outside its score band.
Note on AI Security layer: Security companies (CRWD, PANW, S, OKTA) are steady compounders, not hardware bottlenecks. A Blue/Green Security layer is normal and healthy. Watch for Orange/Red only during major breach cycles or regulatory shifts.
Three signal categories
F
Fundamentals
Revenue growth acceleration
Revenue growth level
Gross margin expansion
C
Constraint signal
News headline velocity
Capex vs operating cash flow
S
Smart money
Volume vs average
Analyst buy ratings (30 days)
Short interest level
Price momentum
Fundamental override: A company whose year-over-year revenue growth fell more than 5 points between its last two quarters has its growth score capped, so it can't score Red on its own. A layer turns Blue when that holds for every company in it.
This summary describes methodology categories only. Not financial advice.