The calculated risk field shows as red for all risks on the report but looking at the risk in Clarity, they are not all red.
Per the documentation the color on the Calculated Risk on the report is determined by the threshold set on Risk Ratings page
Release : 15.9.3
Component : CLARITY JASPERSOFT
Probability * Impact
Calculated risk background color is determined as follows:
Red= The calculated risk is greater than the system-level risk threshold.
White= The calculated risk is equal to or less than the system-level risk threshold.
The system-level risk threshold is defined in
Administration (Administration, Project Management, Risk Settings).