Q17, run 2026-11-05-2135-sonnet
Was Orrin Bank downgraded in 2026?
Tests: Watch versus rating: Rating Watch Negative is not a downgrade.
Expected: downgraded = no
csv run 1
No. E06's only 2026 action is A17, a Rating Watch Negative placement at A-, which is not a downgrade.
JSON: {"downgraded": "no"}
csv run 2
No. The only 2026 action on E06 is A17, a Rating Watch Negative at A-, with no rating change.
JSON: {"downgraded": "no"}
csv run 3
No. E06's only 2026 action is A17, a Rating Watch Negative at A-.
JSON: {"downgraded": "no"}
csv run 4
No. A17 (2026-09-03) put E06 on Rating Watch Negative at A-, which is not a downgrade.
JSON: {"downgraded": "no"}
csv run 5
No. E06's only 2026 action (A17) is a Rating Watch Negative placement with the rating still A-.
JSON: {"downgraded": "no"}
rdf run 1
No. Orrin Bank (E06) was only placed on Rating Watch Negative on 2026-09-03 (A17); no downgrade is recorded.
JSON: {"downgraded": "no"}
rdf run 2
No. E06's only 2026 action is a Rating Watch Negative at A- (A17); there is no DG.
JSON: {"downgraded": "no"}
rdf run 3
No. E06's only 2026 action is A17, a Rating Watch Negative with the rating unchanged at A-.
JSON: {"downgraded": "no"}
rdf run 4
No. E06's 2026 action is A17, a Rating Watch Negative at A-, not a downgrade. E13 (Orrin Bancorp) is a different entity.
JSON: {"downgraded": "no"}
rdf run 5
No. E06's 2026 action is a Rating Watch Negative (A17), not a downgrade.
JSON: {"downgraded": "no"}
rdf+ontology run 1
No. E06's only 2026 action is a Rating Watch (A17), which is not a downgrade.
JSON: {"downgraded": "no"}
rdf+ontology run 2
No. E06 has only an assignment (A16) and a Rating Watch (A17), and E13 is a different entity.
JSON: {"downgraded": "no"}
rdf+ontology run 3
No. E06's actions are A16 (assignment) and A17 (Rating Watch), and neither is a downgrade.
JSON: {"downgraded": "no"}
rdf+ontology run 4
No. E06's only 2026 action is a Rating Watch (A17), which is not a downgrade.
JSON: {"downgraded": "no"}
rdf+ontology run 5
No. E06's 2026 action is a Rating Watch on 2026-09-03 (A17), which is not a downgrade.
JSON: {"downgraded": "no"}
csv+ontology run 1
No. E06's only 2026 action is a Rating Watch (A17), which is not a downgrade.
JSON: {"downgraded": "no"}
csv+ontology run 2
No. Orrin Bank (E06) only had a Watch placed on it (A17).
JSON: {"downgraded": "no"}
csv+ontology run 3
No. E06's only 2026 action is a Watch (A17), which is not a downgrade.
JSON: {"downgraded": "no"}
csv+ontology run 4
No. A17 (2026-09-03) is a Rating Watch with the rating unchanged at A-.
JSON: {"downgraded": "no"}
csv+ontology run 5
No. E06's only 2026 action is A17, a Rating Watch.
JSON: {"downgraded": "no"}
csv+markdown run 1
No. E06's only 2026 action is A17, a Rating Watch.
JSON: {"downgraded": "no"}
csv+markdown run 2
No. E06's only 2026 action, A17, is a Rating Watch, and the rating is unchanged.
JSON: {"downgraded": "no"}
csv+markdown run 3
No. E06's only 2026 action, A17, places it on Rating Watch, which is not a downgrade.
JSON: {"downgraded": "no"}
csv+markdown run 4
No. E06's only 2026 action is A17, a Rating Watch, which is not a downgrade.
JSON: {"downgraded": "no"}
csv+markdown run 5
No. E06 has only a Watch (A17), and Orrin Bancorp (E13) is a different entity.
JSON: {"downgraded": "no"}
csv+padding run 1
No. E06's only 2026 action is A17, a Rating Watch Negative with A- unchanged.
JSON: {"downgraded": "no"}
csv+padding run 2
No. E06's only 2026 action is a Rating Watch Negative at A- (A17), not a downgrade.
JSON: {"downgraded": "no"}
csv+padding run 3
No. E06's only 2026 action is a Watch Negative (A17), with no rating change.
JSON: {"downgraded": "no"}
csv+padding run 4
No. E06's only 2026 action is A17, Rating Watch Negative at A-. E13 (Orrin Bancorp) is a different entity.
JSON: {"downgraded": "no"}
csv+padding run 5
No. E06's only 2026 action is a Rating Watch Negative (A17), with the rating held at A-.
JSON: {"downgraded": "no"}
executed run 1
No. E06's A- rating is unchanged; it was placed on Rating Watch Negative on 2026-09-03 (A17).
JSON: {"downgraded": "no"}
executed run 2
No. E06 was only placed on Rating Watch Negative on 2026-09-03 (A17), with the rating still A-.
JSON: {"downgraded": "no"}
executed run 3
No. E06's 2026 record (A17) is a Rating Watch Negative, and the rating stays A-.
JSON: {"downgraded": "no"}
executed run 4
No. E06 stayed A-, and the 2026-09-03 action (A17) only placed it on Rating Watch Negative.
JSON: {"downgraded": "no"}
executed run 5
No. E06 stayed at A- and was placed on Rating Watch Negative on 2026-09-03 (A17).
JSON: {"downgraded": "no"}
csv+neutral run 1
No. The only 2026 action on E06 is A17, a Rating Watch, which is not a downgrade.
JSON: {"downgraded": "no"}
csv+neutral run 2
No. E06's only 2026 action is A17, a Rating Watch with the rating unchanged at A-.
JSON: {"downgraded": "no"}
csv+neutral run 3
No. A17 is a Rating Watch placement, which leaves the rating unchanged.
JSON: {"downgraded": "no"}
csv+neutral run 4
No. Orrin Bank AG (E06) only has a Watch (A17, RW). E13 is a different LEI.
JSON: {"downgraded": "no"}
csv+neutral run 5
No. The only 2026 action on E06 is A17, a Rating Watch, which leaves the rating at A-.
JSON: {"downgraded": "no"}
csv+axioms run 1
No. E06's only 2026 action is A17, a Rating Watch Negative placement at A-.
JSON: {"downgraded": "no"}
csv+axioms run 2
No. Orrin Bank's only 2026 action is a Rating Watch placement (A17). Orrin Bancorp (E13) is a different entity.
JSON: {"downgraded": "no"}
csv+axioms run 3
No. E06's only 2026 action is a Rating Watch Negative at A- (A17). E13 (Orrin Bancorp) is a different entity.
JSON: {"downgraded": "no"}
csv+axioms run 4
No. E06's only 2026 action is A17, a Rating Watch placement with the rating unchanged at A-.
JSON: {"downgraded": "no"}
csv+axioms run 5
No. E06's only 2026 action is the Rating Watch Negative on 2026-09-03 (A17) at A-.
JSON: {"downgraded": "no"}
csv+axioms+markdown run 1
No. E06's only 2026 action is A17, a Rating Watch placement, and E13 (Orrin Bancorp) is a different entity.
JSON: {"downgraded": "no"}
csv+axioms+markdown run 2
No. E06's only 2026 action is a Rating Watch placement (A17), which is not a downgrade.
JSON: {"downgraded": "no"}
csv+axioms+markdown run 3
No. A17 is only a watch (RW).
JSON: {"downgraded": "no"}
csv+axioms+markdown run 4
No. E06's only 2026 action, A17, is a Rating Watch placement with the rating unchanged at A-.
JSON: {"downgraded": "no"}
csv+axioms+markdown run 5
No. E06's only 2026 action is a Watch (A17), and the rating is unchanged.
JSON: {"downgraded": "no"}