How ranking works

Just a little curious on how the ranking works

So I played a match and lost - I’m silver 2 with 92% but when I lost I got bumped down to 89% (nbd)

I played another match and lost again but got bumped up to 93% soooo I’m just confused a little

Is it how you do individually or team based

There hasn’t really been any official confirmation on how the ranking system works in Gears 5. But it’s supposedly going to be more accurate when TU2 drops. We’ll see. I’m pretty sure there is multiple factors that the system takes into account. K/D, W/L, how much you play the objective, personal contribution , etc. But it still hasn’t been confirmed by the devs.