The Lode signal

A way to measure media by what it is, not by who recognises it.

Lode is Adorphic’s signal for overlooked media. It uses our proprietary methodology, the Overlooked Undervalued Quotient (OUQ), comparing measurable media quality against measurable market recognition to surface inventory that is genuinely strong but overlooked.

The recognition gap

The distance between what media is and how much the market notices it.

Buyers gravitate to the names they recognise, so demand crowds into the same familiar inventory while strong media sits to one side. The recognition gap measures that distance. Where it is narrow, the market has priced things about right. Where it is wide, value sits in plain sight.

The recognition gap
the gap Quality Recognition
The formula
OUQ = IQI / MRS
intrinsic quality index over market recognition score
IQI

Intrinsic Quality Index

What the inventory actually is.
Attention qualityAudience durabilityTraffic integritySignal densitySupply chain pedigreeViewabilityEngagementRetentionand more
MRS

Market Recognition Score

How much the market currently notices it.
Bid participationBid intensityDSP coverageCompetitive pressureAuction densityDeal penetrationWin rate trendsand more
The method

Five steps, from a raw bid request to activated inventory.

01
Intake
the supply
02
Measure
quality (IQI)
03
Evaluate
demand (MRS)
04
Calculate
the OUQ
05
Deliver
the gap
01 · Intake

Every opportunity, measured

Adorphic receives billions of bid opportunities from publishers and apps. Nothing is filtered on reputation before it is understood.

02 · Measure

Score intrinsic quality

Every opportunity receives an Intrinsic Quality Index, built from signals that describe what the inventory genuinely is.

03 · Evaluate

Score market recognition

Every opportunity also receives a Market Recognition Score, describing how much attention the market currently gives it.

04 · Calculate

Find the gap

OUQ identifies inventory whose intrinsic quality exceeds its market recognition. The wider that gap, the greater the opportunity. That gap is the Lode signal.

05 · Deliver

Activate, with no change for buyers

High-OUQ inventory is activated through PMP (private auction), Programmatic Guaranteed, and other programmatic workflows. Buyers change nothing about how they work.

The principle
Strong fundamentals. Limited recognition. Greater opportunity.

The idea has a familiar shape. Warren Buffett built Berkshire Hathaway by seeking businesses whose intrinsic value exceeded their market valuation, trusting measurable fundamentals over consensus. Adorphic applies the same discipline to digital media: rather than chasing the most recognised names, we identify inventory whose measurable quality exceeds the attention it currently receives.

Access

Ways to access high-OUQ inventory.

Private deals

PMP (private auction)

Access overlooked, high-OUQ inventory through private, deal-based access, with the control and transparency buyers expect.

  • Deal-based, buyer-specific access
  • Full visibility of the supply path
  • Quality prioritised over volume
Guaranteed

Programmatic Guaranteed

Secure high-OUQ supply in advance, with committed terms and predictable delivery.

  • Committed volume and terms
  • Predictable, reserved delivery
  • Direct, transparent relationship
Also available through other programmatic workflows, to suit how you already buy.
Activated through standard workflows. No change is required for buyers.

See what the market is missing.

Tell us whether you are on the supply or the demand side, and we will show you where the gaps are.

Talk to us