I'd like to propose using a term to specifically identify & communicate how well LRM is performing: "PAR HASHRATE"
Simply put, it's the initial guaranteed hashrate times the difficulty change (as a multiple) since initial bond issuance. This can be done per bond, or for LRM as a whole.
Example using current figures:
Initial [expected] hashrate: 100MH per bond
Initial difficulty: 31,256,961
Current Difficulty: 2,193,847,870
Difficulty Change Mutiple: x 70.187
From this we calculate that the current par bond hashrate is: 100MH/bond x 70.187 = 7018.7 MH/bond (or ~7GH/bond).
How does this compare to current actual performance?
Current actual hashrate: ~(25,000GH x 0.75)/60,000bonds; or about 312.5 MH per bond
That means LRM is operating at (312.5/7018.7) x 100% = 4.4% of par!
With approximately ~60,000 bonds, LRM's total hashrate should be approximately (60,000 bonds * 7GH/bond)/0.75 = 560 TH
So, as you can see, this is simple math, but it speaks volumes. The network has been absolutely crushing bond holders, and LRM as a whole. And it explains why bond price is not recovering. I'd like to see some commensurate numbers in the other direction. 156TH soon would be a nice start to a recovery.
NOTE: One caveat to keep in mind is that the par value would lag a bit due to lag in new hardware development & shipping delays. For example, it took two months to come to 100MH/bond from initial bond issue. And some initial hardware purchases are still not received (e.g. the BFL Monarchs). Among maybe a few bugs or so that have hopefully been ironed out. That said, 95.6% below par still seems pretty concerning.