At this point in the season, the "historic performance" (how said team has done over the last few seasons) & "player evaluation" (how he projects individual players to perform) portions of the KenPom's formula are still pretty strong, since we're less than a third of the way through the season.
To see how his formula perceives the actual performance of the team at this juncture, you really need to look at how he rates/ranks each team compared to the beginning of the season. Here are those comparisons for the 3 teams you mention:
| Beginning Rating | Beginning Rank | Current Rating | Current Rank | Rating Change | Rank Change |
| Kentucky | 28.95 | 4th | 22.09 | 20th | -6.86 | -16 |
| Kansas | 21.45 | 21st | 23.96 | 17th | +2.51 | +4 |
| North Carolina | 19.24 | 33rd | 21.48 | 22nd | +2.24 | +11 |
What we can take from this is that Kansas is a good team and has played like it (on the whole). We're a better team than KenPom estimated in the preseason and we're moving up because of it. Kentucky has not shown to be a good team and they're failing fairly rapidly because of it.