Phase noise limits the coherence and stability of soliton microcombs, yet its origin is difficult to trace because multiple noise sources act simultaneously. It is often represented by common-mode and repetition-rate components, but how each physical source contributes to these components remains unclear. We combine subspace tracking with multi-source Ikeda-map simulations, switching each source and the Raman nonlinearity on and off to isolate its contribution. Without Raman, pump phase noise is purely common-mode, while shot noise and amplified spontaneous emission drive the repetition rate noise. With Raman, the nonlinearity coherently converts pump phase noise from common-mode into repetition-rate noise without introducing an independent noise source, yielding a parabolic linewidth profile with a quiet-point minimum below the pump linewidth. When all noise sources are present, shot noise, ASE, and RIN raise the common-mode floor and shift this minimum toward the pump, setting the achievable noise floor. The intracavity dynamics thus do not merely carry noise but actively partition it, providing a mechanistic basis for low-noise microcomb design.