The Bid Analyzer only analyzes positive (Award) and negative (Prefer Off, Avoid) bid preferences in Pairing bid groups. You cannot analyze bid preferences in a Reserve bid group, nor does the analyzer take into account Set Condition, Instruction, or Waive bid preferences.
The Bid Analyzer is a tool that shows you how many pairings match a negative or positive bid preference. It also shows you how your bid affects the available pairing pool for your category. You can use this information to determine how effective a bid preference or your entire bid is. For example, if a bid preference doesn't match any pairings in the available pool, it won't have any affect on your award. If your negative bids remove a large number of pairings or all pairings from your pairing pool, some of your bids will be denied.
On a negative bid, the analyzer shows you how many pairings are removed from the available pairing pool and on a positive bid, the analyzer shows you how many potential pairings are in the pairing pool. These are potential awards. If you see a pairing in the preferred pool, it does not mean that you will be awarded the pairing.
You can view the bid analyzer results for a single bid or for your entire bid. The results can be shown in the bid or below the bid along with the list of pairings that match the results.