It would operate like a car's "Check Engine" light. if things are normal then it is green. If it notices a change in long term data like HRV, dropping, RHR increasing, Breathing rate increasing, PO2 dropping etc, it would change color depending upon the seriousness.
Tap the screen and it would display the errors or warning it detected. For example:
Helth Check light turns Red. Tap it and it displays: Warning - 5 Areas out of Normal range.
Another click and it shows:
HRV dropping ; RHR dropping;; Breathing rate dropping; VO2Max dropping, etc: