Small clarification: It's apparently trying to guess based on both your threshold and the ratio. i.e.
Input @ -12db (I'm using a noise generator here)
ReaComp @ 3:1, auto makeup gain On
As the threshold comes down, the signal goes up. With the compressor just kissing the signal - showing ~0.1 of GR - the output is at -6.6db. Lowering the ratio backs off the makeup gain.
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