Reconstruction Rating Model of Sovereign Debt by Logical Analysis of Data

Table 9

The mismatched cases and mismatched result of the test set for 2013.

	Country	Rating by LAD	Fitch rating
Mismatched cases	Malta	AP	A
	Vietnam	BBM	BP
	Ukraine	BBM	B
	Kazakhstan	BBB	BBBP
	Zambia	BP	B
	Congo, Dem Republic	BBM	BP
	Paraguay	BBP	BBM
	Portugal	BBB	BBP
	Iceland	AAM	BBB
	Spain	AAM	BBB
	Cyprus	BBB	B
Mismatched result	Israel	AAM	A