Arena run #134

You are an Arena strategy executor. You must follow the strategy rules strictly and output ONLY valid JSON. You are NOT allowed to invent prices, fundamentals, earnings dates, or sentiment. If a field is null/empty, treat it as unknown. You are a constrained selector (no narrative).

{"task": "stage1_universe_scan", "region": "EU", "strategy": {"key": "meanrev-v1", "name": "Two-Stage LLM Mean-Reversion (Arena v1)", "rules": {"max_positions": 10, "max_buys_per_run": 2, "avoid_overtrading": true, "max_sells_per_run": 2, "max_gross_leverage": 3.0, "fixed_position_size": 3000.0, "universe_symbols_eu": [], "universe_symbols_us": []}}, "selection_rules": {"horizon": "2-10 trading days", "target": "short-term mean reversion in liquid equities", "constraints": ["Select exactly 5 candidates", "Avoid earnings within 5 trading days (if known)", "Avoid highly binary/event-driven moves (if known)", "Avoid sector concentration: max 1 per sector unless clearly justified (sector may be unknown)"]}, "universe": [{"symbol": "DSY_CFD.FR", "name": "Dassault Systemes SA", "sector": "", "last_price": 17.881, "change_1d_pct": -1.6554834451655398, "distance_from_ma200_pct": -34.637393069757884, "distance_from_ma50_pct": -22.617996627925898, "volatility_20d_pct": 136.7518220483471, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "FTK_CFD.DE", "name": "", "sector": "", "last_price": 33.396, "change_1d_pct": -9.010162657003518, "distance_from_ma200_pct": 11.581584427760138, "distance_from_ma50_pct": -9.535209916995369, "volatility_20d_pct": 84.74830613354514, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ATG_CFD.UK", "name": "AUCTION TECHNOLOGY GROUP", "sector": "", "last_price": 305.0, "change_1d_pct": 4.2735042735042805, "distance_from_ma200_pct": -30.344980756373573, "distance_from_ma50_pct": -1.1704016694101371, "volatility_20d_pct": 159.9931345477538, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "RIVN_CFD.US", "name": "Rivian Automotive Inc", "sector": "", "last_price": 18.26, "change_1d_pct": 18.88020833333335, "distance_from_ma200_pct": 22.82483671561275, "distance_from_ma50_pct": 3.91531982699751, "volatility_20d_pct": 153.53412458433212, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "WIZZ_CFD.UK", "name": "", "sector": "", "last_price": 1410.0, "change_1d_pct": -1.6050244242847178, "distance_from_ma200_pct": 12.438563987291552, "distance_from_ma50_pct": 10.005010299121553, "volatility_20d_pct": 107.14174850053962, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "DIM_CFD.FR", "name": "Sartorius Stedim Biotech SA", "sector": "", "last_price": 174.3, "change_1d_pct": 0.17241379310346527, "distance_from_ma200_pct": -9.882090564879785, "distance_from_ma50_pct": -13.770141573299632, "volatility_20d_pct": 74.92390271465962, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "BYIT_CFD.UK", "name": "BYTES TECHNOLOGY GROUP PLC", "sector": "", "last_price": 300.4, "change_1d_pct": -12.674418604651173, "distance_from_ma200_pct": -28.03446775272175, "distance_from_ma50_pct": -14.34777426817815, "volatility_20d_pct": 87.82535981934274, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "IWG_CFD.UK", "name": "IWG PLC", "sector": "", "last_price": 224.0, "change_1d_pct": -7.361455748552526, "distance_from_ma200_pct": 4.848984696728986, "distance_from_ma50_pct": -3.5089986474029167, "volatility_20d_pct": 99.60824559726845, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "MAU_CFD.FR", "name": "", "sector": "", "last_price": 7.735, "change_1d_pct": 6.91085003455425, "distance_from_ma200_pct": 49.39339714018356, "distance_from_ma50_pct": 29.856394105342332, "volatility_20d_pct": 69.24306208886863, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "WKP_CFD.UK", "name": "WORKSPACE GROUP PLC", "sector": "", "last_price": 423.0, "change_1d_pct": 3.6764705882353033, "distance_from_ma200_pct": 1.8640028868691871, "distance_from_ma50_pct": 5.808194506978848, "volatility_20d_pct": 70.2233148398582, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "BLDR_CFD.US", "name": "Builders FirstSource Inc", "sector": "", "last_price": 117.9, "change_1d_pct": -8.08450923832541, "distance_from_ma200_pct": -1.8894804552860633, "distance_from_ma50_pct": 3.194748358862154, "volatility_20d_pct": 85.68629405896507, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "OPTU_CFD.US", "name": "", "sector": "", "last_price": 1.72, "change_1d_pct": 1.775147928994092, "distance_from_ma200_pct": -21.297673248072478, "distance_from_ma50_pct": -1.2742509470784036, "volatility_20d_pct": 104.11768008264282, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "QDT_CFD.FR", "name": "", "sector": "", "last_price": 14.64, "change_1d_pct": -5.3040103492884905, "distance_from_ma200_pct": -5.1666062082188935, "distance_from_ma50_pct": -4.206662348114554, "volatility_20d_pct": 53.693211376952156, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "AKE_CFD.FR", "name": "Arkema", "sector": "", "last_price": 64.2, "change_1d_pct": -1.2307692307692242, "distance_from_ma200_pct": 11.9461444884702, "distance_from_ma50_pct": 20.035404835295356, "volatility_20d_pct": 75.57545187621089, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "VCT_CFD.UK", "name": "VICTREX PLC", "sector": "", "last_price": 715.0, "change_1d_pct": 3.6231884057970953, "distance_from_ma200_pct": -0.7960320632774298, "distance_from_ma50_pct": 9.464801325213035, "volatility_20d_pct": 117.87186245902022, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "STZ_CFD.US", "name": "", "sector": "", "last_price": 152.25, "change_1d_pct": -8.624414836154127, "distance_from_ma200_pct": -2.127041350280401, "distance_from_ma50_pct": 1.26290977391601, "volatility_20d_pct": 67.6167122408588, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "BTRW_CFD.UK", "name": "Barratt Redrow Plc", "sector": "", "last_price": 387.9, "change_1d_pct": -0.3340184994861328, "distance_from_ma200_pct": -3.14760302801691, "distance_from_ma50_pct": 2.3291151261900733, "volatility_20d_pct": 104.50318779244722, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "HAIN_CFD.US", "name": "", "sector": "", "last_price": 0.96, "change_1d_pct": 12.941176470588234, "distance_from_ma200_pct": -36.482731242556575, "distance_from_ma50_pct": -15.32898218380666, "volatility_20d_pct": 239.96757360998356, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ICLR_CFD.US", "name": "", "sector": "", "last_price": 95.18, "change_1d_pct": -37.627785058977715, "distance_from_ma200_pct": -42.47089848271376, "distance_from_ma50_pct": -45.97325341143882, "volatility_20d_pct": 265.4579630435212, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ITV_CFD.UK", "name": "", "sector": "", "last_price": 82.25, "change_1d_pct": -0.9036144578313254, "distance_from_ma200_pct": 3.5559671214525856, "distance_from_ma50_pct": 1.1971406424941877, "volatility_20d_pct": 118.51503197619222, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ATE_CFD.FR", "name": "Alten SA", "sector": "", "last_price": 64.587, "change_1d_pct": -4.457100591715967, "distance_from_ma200_pct": -9.312497406777197, "distance_from_ma50_pct": -11.112805415117933, "volatility_20d_pct": 102.5372019877496, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "LXS_CFD.DE", "name": "", "sector": "", "last_price": 20.64, "change_1d_pct": -3.591947311878174, "distance_from_ma200_pct": -6.496944728776577, "distance_from_ma50_pct": 14.508898850472685, "volatility_20d_pct": 94.1219215221353, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "FBIN_CFD.US", "name": "Fortune Brands Innovations Inc.", "sector": "", "last_price": 51.94, "change_1d_pct": -18.704022538738464, "distance_from_ma200_pct": -3.2804392416247996, "distance_from_ma50_pct": -5.654551068969916, "volatility_20d_pct": 131.23832110718317, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "PNN_CFD.UK", "name": "PENNON GROUP PLC", "sector": "", "last_price": 555.5, "change_1d_pct": 7.728110152235046, "distance_from_ma200_pct": 15.15330418465657, "distance_from_ma50_pct": 10.049118953291236, "volatility_20d_pct": 59.72600720990832, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "OTIS_CFD.US", "name": "", "sector": "", "last_price": 91.27, "change_1d_pct": 0.7395143487858746, "distance_from_ma200_pct": -0.08713776524472694, "distance_from_ma50_pct": 2.963108364525735, "volatility_20d_pct": 51.95612379513085, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "LSS_CFD.FR", "name": "", "sector": "", "last_price": 20.15, "change_1d_pct": -12.958963282937363, "distance_from_ma200_pct": -14.836424651368219, "distance_from_ma50_pct": -13.37372167127241, "volatility_20d_pct": 99.79045439070741, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "EXA_CFD.FR", "name": "Exail Technologies SA", "sector": "", "last_price": 111.443, "change_1d_pct": 1.3118181818181807, "distance_from_ma200_pct": 20.79804777226062, "distance_from_ma50_pct": 12.477296225168155, "volatility_20d_pct": 78.46940542393021, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "OSB_CFD.UK", "name": "OSB GROUP PLC", "sector": "", "last_price": 600.5, "change_1d_pct": -6.391270459859699, "distance_from_ma200_pct": 12.648039314447113, "distance_from_ma50_pct": 1.7534810535187795, "volatility_20d_pct": 75.29415597408797, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "MSLH_CFD.UK", "name": "", "sector": "", "last_price": 182.32, "change_1d_pct": 0.8407079646017612, "distance_from_ma200_pct": -17.111863069088763, "distance_from_ma50_pct": 6.139091576985178, "volatility_20d_pct": 102.4204512350097, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "PAGE_CFD.UK", "name": "", "sector": "", "last_price": 209.6, "change_1d_pct": -10.960067969413767, "distance_from_ma200_pct": -19.313052268665963, "distance_from_ma50_pct": -8.41066281665177, "volatility_20d_pct": 112.6882126676479, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ERF_CFD.FR", "name": "Eurofins Scientific S.E.", "sector": "", "last_price": 65.24, "change_1d_pct": -2.188905547226394, "distance_from_ma200_pct": 4.534102608617752, "distance_from_ma50_pct": -0.44692069080436436, "volatility_20d_pct": 45.51750053349778, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "TRN_CFD.UK", "name": "TRAINLINE PLC", "sector": "", "last_price": 199.8, "change_1d_pct": -20.016012810248196, "distance_from_ma200_pct": -25.35041032988915, "distance_from_ma50_pct": -16.85476299862173, "volatility_20d_pct": 127.36929363239284, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "TTEK_CFD.US", "name": "", "sector": "", "last_price": 37.35, "change_1d_pct": -12.303357595679742, "distance_from_ma200_pct": 5.585277426376534, "distance_from_ma50_pct": 3.307499543621484, "volatility_20d_pct": 78.55173395917791, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "MMT_CFD.FR", "name": "", "sector": "", "last_price": 11.66, "change_1d_pct": -4.269293924466333, "distance_from_ma200_pct": -6.726342608702607, "distance_from_ma50_pct": -2.592249149979531, "volatility_20d_pct": 37.76033119101508, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "EL_CFD.FR", "name": "EssilorLuxottica SA", "sector": "", "last_price": 258.7, "change_1d_pct": 2.9037390612569602, "distance_from_ma200_pct": -3.999734004674671, "distance_from_ma50_pct": -4.231629297998973, "volatility_20d_pct": 56.80147568261176, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "NCLH_CFD.US", "name": "", "sector": "", "last_price": 21.87, "change_1d_pct": -8.98876404494382, "distance_from_ma200_pct": 0.394785163422684, "distance_from_ma50_pct": -0.732590756828877, "volatility_20d_pct": 114.13453997322678, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "HUBS_CFD.US", "name": "", "sector": "", "last_price": 247.33, "change_1d_pct": 5.968294772922023, "distance_from_ma200_pct": -46.901573834947044, "distance_from_ma50_pct": -26.875289743322895, "volatility_20d_pct": 178.97721452173585, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "EDP_CFD.PT", "name": "EDP-Energias De Portugal S.A.", "sector": "", "last_price": 4.236, "change_1d_pct": -3.155006858710563, "distance_from_ma200_pct": 8.888443327112604, "distance_from_ma50_pct": 3.889224068160746, "volatility_20d_pct": 32.78994661901933, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "HFG_CFD.DE", "name": "", "sector": "", "last_price": 5.177, "change_1d_pct": -8.468882602545968, "distance_from_ma200_pct": -31.412067475051263, "distance_from_ma50_pct": -9.778498109130195, "volatility_20d_pct": 126.58358777217298, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "MLCO_CFD.US", "name": "", "sector": "", "last_price": 5.6, "change_1d_pct": -11.251980982567355, "distance_from_ma200_pct": -28.984478035913565, "distance_from_ma50_pct": -21.29525522824376, "volatility_20d_pct": 102.89345949241407, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ADJ_CFD.DE", "name": "ADLER GROUP SA", "sector": "", "last_price": 0.191, "change_1d_pct": 9.142857142857142, "distance_from_ma200_pct": -10.395946706699188, "distance_from_ma50_pct": -2.421579646469818, "volatility_20d_pct": 294.3802301494004, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "IPR_CFD.PT", "name": "Impresa SGPS SA", "sector": "", "last_price": 0.191, "change_1d_pct": -4.975124378109452, "distance_from_ma200_pct": 27.083402641471753, "distance_from_ma50_pct": -6.12405386808218, "volatility_20d_pct": 429.02488113454956, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "LOTB_CFD.BE", "name": "", "sector": "", "last_price": 10400.0, "change_1d_pct": -1.5151515151515138, "distance_from_ma200_pct": 22.048705128282343, "distance_from_ma50_pct": 19.869250310046404, "volatility_20d_pct": 153.1429616770747, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "TRST_CFD.UK", "name": "TRUSTPILOT AS", "sector": "", "last_price": 134.3, "change_1d_pct": -0.37091988130564246, "distance_from_ma200_pct": -37.755561966933506, "distance_from_ma50_pct": -25.763535579331855, "volatility_20d_pct": 8071.894412527361, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "AAL_CFD.UK", "name": "ANGLO AMERICAN PLC", "sector": "", "last_price": 3604.0, "change_1d_pct": 1.549732318963093, "distance_from_ma200_pct": 36.22533469561186, "distance_from_ma50_pct": 12.006820357593885, "volatility_20d_pct": 94.34233416580979, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "J_CFD.US", "name": "", "sector": "", "last_price": 134.62, "change_1d_pct": -11.165368879503756, "distance_from_ma200_pct": -4.1219649513149275, "distance_from_ma50_pct": -2.308259458580797, "volatility_20d_pct": 71.60679701028992, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "TRI_CFD.FR", "name": "", "sector": "", "last_price": 170.9, "change_1d_pct": 0.8259587020648995, "distance_from_ma200_pct": 12.255904576832188, "distance_from_ma50_pct": -0.4238831189640302, "volatility_20d_pct": 48.340105610829056, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "EXPO_CFD.US", "name": "Exponent Inc", "sector": "", "last_price": 67.79, "change_1d_pct": -11.743262596016136, "distance_from_ma200_pct": -6.418653320384616, "distance_from_ma50_pct": -7.0707901518890175, "volatility_20d_pct": 92.11453378932266, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "GRI_CFD.UK", "name": "", "sector": "", "last_price": 192.4, "change_1d_pct": 0.08322929671245038, "distance_from_ma200_pct": -4.9312468607917275, "distance_from_ma50_pct": 0.9128310349964197, "volatility_20d_pct": 71.43116862190418, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ICG_CFD.UK", "name": "ICG Plc", "sector": "", "last_price": 1725.0, "change_1d_pct": -13.18570709612481, "distance_from_ma200_pct": -14.958295918064756, "distance_from_ma50_pct": -12.167853189864985, "volatility_20d_pct": 71.84705535187696, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}], "output_schema": {"selected_stocks": [{"symbol": "string", "mean_reversion_score": "integer 0-100", "selection_reason": "short, concrete, indicator-based"}], "rejected_common_reasons": ["string"]}}

{
  "selected_stocks": [
    {
      "symbol": "DSY_CFD.FR",
      "selection_reason": "MA50 -22.6%, MA200 -34.6%; large-cap tech with strong mean reversion setup",
      "mean_reversion_score": 85
    },
    {
      "symbol": "BYIT_CFD.UK",
      "selection_reason": "MA50 -14.3%, MA200 -28.0%; oversold with 12.7% daily decline",
      "mean_reversion_score": 82
    },
    {
      "symbol": "HUBS_CFD.US",
      "selection_reason": "MA50 -26.9%, MA200 -46.9%; deep oversold with early reversal signs",
      "mean_reversion_score": 80
    },
    {
      "symbol": "TRN_CFD.UK",
      "selection_reason": "MA50 -16.9%, MA200 -25.4%; 20% single-day decline presents bounce opportunity",
      "mean_reversion_score": 78
    },
    {
      "symbol": "LSS_CFD.FR",
      "selection_reason": "MA50 -13.4%, MA200 -14.8%; consistently below both averages",
      "mean_reversion_score": 75
    }
  ],
  "rejected_common_reasons": [
    "Extended above moving averages (momentum plays, not mean reversion)",
    "Binary/event-driven risk (extreme volatility, penny stocks)",
    "Data quality concerns (suspicious volatility metrics)",
    "Insufficient deviation from averages for mean reversion signal"
  ]
}

You are an Arena portfolio manager. You must follow the strategy rules strictly and output ONLY valid JSON. You are NOT allowed to invent prices/fundamentals/news/earnings. If a field is null/empty, treat it as unknown. Avoid overtrading: if changes are marginal, prefer HOLD. Do not churn.

{"task": "stage2_portfolio_management", "region": "EU", "strategy": {"key": "meanrev-v1", "name": "Two-Stage LLM Mean-Reversion (Arena v1)", "rules": {"max_positions": 10, "max_buys_per_run": 2, "avoid_overtrading": true, "max_sells_per_run": 2, "max_gross_leverage": 3.0, "fixed_position_size": 3000.0, "universe_symbols_eu": [], "universe_symbols_us": []}}, "portfolio_constraints": {"initial_equity": 10000.0, "max_positions": 10, "fixed_position_size": 3000.0, "max_gross_leverage": 3.0, "overtrading_rules": ["Max 2 SELL actions per run unless risk event forces more", "Max 2 BUY actions per run", "If no clear improvement vs current holdings, output HOLD for everything"]}, "current_portfolio": [], "candidates": [{"symbol": "DSY_CFD.FR", "mean_reversion_score": 85, "selection_reason": "MA50 -22.6%, MA200 -34.6%; large-cap tech with strong mean reversion setup"}, {"symbol": "BYIT_CFD.UK", "mean_reversion_score": 82, "selection_reason": "MA50 -14.3%, MA200 -28.0%; oversold with 12.7% daily decline"}, {"symbol": "HUBS_CFD.US", "mean_reversion_score": 80, "selection_reason": "MA50 -26.9%, MA200 -46.9%; deep oversold with early reversal signs"}, {"symbol": "TRN_CFD.UK", "mean_reversion_score": 78, "selection_reason": "MA50 -16.9%, MA200 -25.4%; 20% single-day decline presents bounce opportunity"}, {"symbol": "LSS_CFD.FR", "mean_reversion_score": 75, "selection_reason": "MA50 -13.4%, MA200 -14.8%; consistently below both averages"}], "output_schema": {"actions": {"sell": [{"symbol": "string", "reason": "string"}], "hold": [{"symbol": "string", "reason": "string"}], "buy": [{"symbol": "string", "position_size": "number (currency amount)", "reason": "string"}]}, "portfolio_rationale": "string"}}

{
  "actions": {
    "buy": [
      {
        "reason": "Highest mean reversion score (85); largest deviation from MA50 (-22.6%) and MA200 (-34.6%); strong bounce potential",
        "symbol": "DSY_CFD.FR",
        "position_size": 3000
      },
      {
        "reason": "Second highest score (82); significant oversold conditions with 12.7% daily decline; MA200 deviation -28.0%",
        "symbol": "BYIT_CFD.UK",
        "position_size": 3000
      }
    ],
    "hold": [
      {
        "reason": "US-listed stock outside EU region mandate; skipping despite strong score",
        "symbol": "HUBS_CFD.US"
      },
      {
        "reason": "Lower mean reversion score (78) vs top 2 candidates; position limit reached",
        "symbol": "TRN_CFD.UK"
      },
      {
        "reason": "Lowest mean reversion score (75); insufficient deviation from averages",
        "symbol": "LSS_CFD.FR"
      }
    ],
    "sell": []
  },
  "portfolio_rationale": "Starting with empty portfolio, initiating 2 BUY positions to establish mean-reversion exposure. Selected DSY_CFD.FR (score 85) and BYIT_CFD.UK (score 82) as top performers with strongest moving average deviations. HUBS_CFD.US excluded due to US listing outside EU mandate. TRN_CFD.UK and LSS_CFD.FR have lower scores and are skipped to avoid overtrading. Total commitment €6,000 (60% equity), preserving €4,000 cash buffer per risk management rules."
}

{
  "selected_stocks": [
    {
      "symbol": "DSY_CFD.FR",
      "selection_reason": "MA50 -22.6%, MA200 -34.6%; large-cap tech with strong mean reversion setup",
      "mean_reversion_score": 85
    },
    {
      "symbol": "BYIT_CFD.UK",
      "selection_reason": "MA50 -14.3%, MA200 -28.0%; oversold with 12.7% daily decline",
      "mean_reversion_score": 82
    },
    {
      "symbol": "HUBS_CFD.US",
      "selection_reason": "MA50 -26.9%, MA200 -46.9%; deep oversold with early reversal signs",
      "mean_reversion_score": 80
    },
    {
      "symbol": "TRN_CFD.UK",
      "selection_reason": "MA50 -16.9%, MA200 -25.4%; 20% single-day decline presents bounce opportunity",
      "mean_reversion_score": 78
    },
    {
      "symbol": "LSS_CFD.FR",
      "selection_reason": "MA50 -13.4%, MA200 -14.8%; consistently below both averages",
      "mean_reversion_score": 75
    }
  ],
  "rejected_common_reasons": [
    "Extended above moving averages (momentum plays, not mean reversion)",
    "Binary/event-driven risk (extreme volatility, penny stocks)",
    "Data quality concerns (suspicious volatility metrics)",
    "Insufficient deviation from averages for mean reversion signal"
  ]
}