Q2, run 2026-11-04-1644-haiku

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Has Kestrel Energy been downgraded in 2026?

Tests: Outlook versus rating: an affirmation with a negative outlook is not a rating change.

Expected: downgraded = no

✅ R1 csv run 1 graded by code

No. E01's 2026 actions are an affirmation at BBB with negative outlook (A03) and a short-term affirmation (A04); the only downgrade is A02 in 2025.

JSON: {"downgraded": "no"}

✅ R1 csv run 2 graded by code

No. The 2026 actions on E01 are an affirmation to BBB (A03) and an affirmation of F2 (A04).

JSON: {"downgraded": "no"}

✅ R1 csv run 3 graded by code

No. A03 and A04 (both 2026-02-10) are affirmations, not downgrades.

JSON: {"downgraded": "no"}

✅ R1 csv run 4 graded by code

No. A03 and A04 (both 2026-02-10) affirm BBB and F2; only the outlook moved to NEG.

JSON: {"downgraded": "no"}

✅ R1 csv run 5 graded by code

No. The 2026 actions on E01 are affirmations (A03 LTIDR BBB, A04 STIDR F2), and the last downgrade was A02 in 2025.

JSON: {"downgraded": "no"}

✅ R2 rdf run 1 graded by code

No
A03 (2026-02-10) affirms BBB from A02, and the only other 2026 action, A04, is a new short-term F2 with no prior short-term rating to fall from.

JSON: {"downgraded": "no"}

✅ R2 rdf run 2 graded by code

No. The only 2026 actions on E01 are affirmations (A03 BBB, A04 F2).

JSON: {"downgraded": "no"}

✅ R2 rdf run 3 graded by code

No. The 2026 actions (A03, A04) are affirmations, and the only downgrade (A02) was in 2025.

JSON: {"downgraded": "no"}

✅ R2 rdf run 4 graded by code

No. The 2026 actions for E01 are affirmations (A03 BBB, A04 F2), and the only downgrade is A02 in 2025.

JSON: {"downgraded": "no"}

✅ R2 rdf run 5 graded by code

No
Kestrel's 2026 actions are affirmations (A03 BBB, A04 F2, both 2026-02-10). The only downgrade is A02 (BBB), dated 2025-06-20.

JSON: {"downgraded": "no"}

✅ R6 rdf+ontology run 1 graded by code

No. The only 2026 actions on E01 are affirmations (A03 BBB, A04 F2), and affirmations are not downgrades.

JSON: {"downgraded": "no"}

✅ R6 rdf+ontology run 2 graded by code

No.
E01's 2026 actions are affirmations (A03 BBB, A04 F2), not downgrades.

JSON: {"downgraded": "no"}

✅ R6 rdf+ontology run 3 graded by code

No. The only 2026 actions on E01 are A03 (AF, BBB, outlook NEG) and A04 (AF, F2 short-term), both affirmations.

JSON: {"downgraded": "no"}

✅ R6 rdf+ontology run 4 graded by code

No. The only E01 downgrade is A02 (2025-06-20); A03 (2026-02-10) is an affirmation at BBB, with outlook revised to Negative.

JSON: {"downgraded": "no"}

✅ R6 rdf+ontology run 5 graded by code

No. The 2026 actions on E01 are affirmations (A03, A04), and A03 only moved the outlook to Negative.

JSON: {"downgraded": "no"}

✅ R5 csv+ontology run 1 graded by code

No. The only 2026 actions on E01 are an affirmation at BBB with negative outlook (A03) and a short-term affirmation (A04).

JSON: {"downgraded": "no"}

✅ R5 csv+ontology run 2 graded by code

No. The only 2026 actions on E01 are A03 (AF) and A04 (STIDR AF); the downgrade was A02 in 2025.

JSON: {"downgraded": "no"}

✅ R5 csv+ontology run 3 graded by code

No. The only 2026 action on E01 is the affirmation at BBB (A03), and the 2025 downgrade (A02) is the last one.

JSON: {"downgraded": "no"}

✅ R5 csv+ontology run 4 graded by code

No. Kestrel's 2026 actions are an affirmation at BBB with negative outlook (A03) and a short-term affirmation (A04), neither a downgrade.

JSON: {"downgraded": "no"}

✅ R5 csv+ontology run 5 graded by code

No
The 2026 actions on E01 are affirmations (A03, A04), not downgrades.

JSON: {"downgraded": "no"}

✅ R4 csv+markdown run 1 graded by code

No. The only 2026 actions on E01 are affirmations (A03, A04), and the 2025 downgrade (A02) is outside the year.

JSON: {"downgraded": "no"}

✅ R4 csv+markdown run 2 graded by code

No. Kestrel's 2026 actions are an affirmation (A03) and a STIDR affirmation (A04), with no downgrade.

JSON: {"downgraded": "no"}

✅ R4 csv+markdown run 3 graded by code

No. The only 2026 actions on E01 are an affirmation (A03) and a short-term affirmation (A04).

JSON: {"downgraded": "no"}

✅ R4 csv+markdown run 4 graded by code

No. E01's only 2026 actions are the affirmation at BBB (A03) and the short-term affirmation at F2 (A04).

JSON: {"downgraded": "no"}

✅ R4 csv+markdown run 5 graded by code

No. The 2026 actions on E01 are affirmations (A03, A04).

JSON: {"downgraded": "no"}

✅ R3 csv+padding run 1 graded by code

No. The 2026 actions on E01 are an affirmation of BBB with a negative outlook (A03) and an affirmation of F2 (A04), with no downgrade.

JSON: {"downgraded": "no"}

✅ R3 csv+padding run 2 graded by code

No. E01's 2026 actions are affirmations (A03 BBB NEG, A04 F2).

JSON: {"downgraded": "no"}

✅ R3 csv+padding run 3 graded by code

No. E01's 2026 actions are affirmations (A03 LTIDR BBB, A04 STIDR F2); the downgrade (A02) was in 2025.

JSON: {"downgraded": "no"}

✅ R3 csv+padding run 4 graded by code

No. The only downgrade of E01 is A02 (2025); its 2026 actions are affirmations (A03, A04).

JSON: {"downgraded": "no"}

✅ R3 csv+padding run 5 graded by code

No. The 2026 actions on E01 (A03, A04) are affirmations; the only downgrade was A02 (2025-06-20).

JSON: {"downgraded": "no"}