Risk Indicators display both a Risk Value and a Risk Level.
The Risk Value is a numerical value which is calculated based on the configuration of the indicator/index. They are typically color coded green/yellow/red that correspond to low/medium/high risk.
The Risk Level is a text label based on the Risk Value and the thresholds established in the configuration. It has the same meaning as the colors that display in the Risk Value but displays a label instead of the raw value.
A student might be in the medium risk level but what value is their risk? Med/high or med/low. The Risk Value can help an administrator find students that might be close to slipping to another level, so appropriate action may be taken.