How do the nine factors combine into a single score?
The nine factors (properties, management, share structure, jurisdiction, growth, market discovery, cost structure, cash/debt, peer valuation) are each scored, multiplied by their stage-dependent weights, and summed into a single 0–100 "9-Factor" score — the quality read that sits beside the Re-Rate Score on every page.
Each factor is scored on its own evidence, then weighted — so the composite is transparent: you can see which factors carried a name and which dragged it.
The weights are stage-dependent, so the same factor contributes differently to a developer vs a producer.
The 9-Factor score is the quality axis; the Re-Rate Score is the catalyst-timing axis — a name needs both read together, which is why both appear on the public card.