The disclosed embodiments provide a system for processing data. During operation, the system obtains a component of a time-series performance metric associated with a server-side root cause of an anomaly in the time-series performance metric. Next, the system obtains a call graph representation of the component, wherein the call graph representation includes a parent node having a parent value of the component and a set of child nodes of the parent node, each child node having a corresponding child value of the component. The system then analyzes the call graph representation to identify one or more of the child nodes as sources of the anomaly. Finally, the system outputs an alert that identifies the sources of the anomaly.