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In case of an active issue, the "triggering entity" is a deciding factor on showing up as issue on (in this case) the Application dashboard. Based on the description, the triggering entity in this case is the endpoint itself and not the Application, which now makes it ambiguous if that means the Application (or applicationS) are also in an erroneous state.
This is a topic of discussion for issue propagation and incident management, which we're trying to resolve in a way that serves both usecases, in at least exposing the information, that "something" is not fully green.
It is however possible to show (in SaaS prod with r318 at least) the "Total events generated" or the "Severity" columns which indicate the issues triggered by a Smart Alert config in the selected timeframe both in the Events / Smart Alert configurations list, as well as the Application dashboard / Smart Alerts tab.


Which at least would already give an indication in the Application dashboard too.
More generally I would suggest using the Events page and filter for a certain application, like
entity.application.name:"All services"
as this returns also services and endpoints affected in the application.