I have one book with no ranking currently. It hasn't sold in a long time. On the other hand, I have another book I'm pretty sure hasn't sold in the same amount of time, maybe even longer. But it ranks at 3.8 million or so. Both books are short, the first being a short story connected to my main series, the other being a brief nonfiction (advice to parents on parent-teacher communications, so yeah, a real page turner!)
I suddenly realized I could use the reports page to check.
The book without a rank sold 56 in 2015, 43 in 2016, 25 in 2017, 3 in 2018, 5 in 2019, 1 in 2020--total, 133. (There was a time when people would buy a short story for $0.99. But in an era when people put box sets on sale for $0.99, a short story at the same price doesn't look like a good deal. That's why I stopped publishing short stories separately, except as reader magnets.)
The book with a rank sold 49 in 2014 and 31 in 2015, 8 in 2016, 1 in 2017, and aha, 2 in 2021--total, 91.
From this extremely limited data set, it looks as if books that sold in 2021 should have ranks, but books that haven't sold since 2020 don't. Is that what other people are finding? How recent the last sale is seems to carry more weight than the total number of sales.