About This Dashboard
What It Does
Combines Random Matrix Theory eigenvalue analysis with Ising model magnetization to detect herding behavior. Lambda max tracks correlation clustering; magnetization tracks directional consensus. Composite score is probability-weighted across components.
Today's Reading
# Market Analysis for 2026-04-13
Today's crash-detection dashboard shows elevated systemic risk driven primarily by extreme correlation clustering. The lambda_max eigenvalue of 397.79 is extraordinarily high, indicating that 127 of 1,385 assets (9.2%) are moving in unusually synchronized patterns, which the system flags as CRITICAL. The rmt_ratio of 195.70 confirms this is far beyond normal market conditions, suggesting strong herding behavior where investors are trading similarly rather than independently. Notably, magnetization at 0.47 shows moderate directional consensus among these clustered assets, though this is less extreme than the correlation signal. The composite score of 62.41 reflects the probability-weighted combination of these elevated readings, with the RMT component (98.62) being the dominant driver of today's ELEVATED status, while credit conditions remain benign at 4.4.For educational and informational purposes only. Not financial advice. Past performance does not guarantee future results.
RMT Lambda Max
393.30
vs MP threshold: 2.03 (ratio 193.49x)
Risk Level: CRITICAL Significant eigenvalues: 127
Assets analyzed: 1385
Ising Magnetization
0.465
Crash score: 16.3/100
Risk Level: NORMAL
Assets analyzed: 1386
Composite Score
60.5 / 100
Overall status: ELEVATED
Weighted blend of 6 components
Component Breakdown
| Component | Raw Score (0-100) | Weight | Contribution |
|---|---|---|---|
| RMT Lambda Max | 95.8 | 35% | 33.54 |
| Ising Magnetization | 14.5 | 20% | 2.89 |
| Market Breadth | 100.0 | 20% | 20.00 |
| VIX | 24.9 | 15% | 3.74 |
| Credit Spreads (HYG/LQD) | 5.8 | 5% | 0.29 |
| Breadth Momentum | 0.0 | 5% | 0.00 |
Total composite score: 60.46 / 100 — Status: ELEVATED