Arena run #159

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": "ADJ_CFD.DE", "name": "ADLER GROUP SA", "sector": "", "last_price": 0.2, "change_1d_pct": 6.951871657754016, "distance_from_ma200_pct": -5.955375825829345, "distance_from_ma50_pct": 2.7854866892794705, "volatility_20d_pct": 298.77615282737304, "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": "BAYN_CFD.DE", "name": "BAYER AG-REG", "sector": "", "last_price": 49.637, "change_1d_pct": 9.044376098418262, "distance_from_ma200_pct": 61.93918561590361, "distance_from_ma50_pct": 21.232030246337665, "volatility_20d_pct": 53.99060764203541, "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": "FUTR_CFD.UK", "name": "FUTURE PLC", "sector": "", "last_price": 422.0, "change_1d_pct": -13.70143149284253, "distance_from_ma200_pct": -38.122509366851766, "distance_from_ma50_pct": -25.139370269544393, "volatility_20d_pct": 146.49494054552733, "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": "BNR_CFD.DE", "name": "BRENNTAG SE", "sector": "", "last_price": 57.68, "change_1d_pct": 0.7686932215233977, "distance_from_ma200_pct": 8.307035047033672, "distance_from_ma50_pct": 12.27447293480568, "volatility_20d_pct": 58.63952245969202, "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": 20.34, "change_1d_pct": -2.3054755043227737, "distance_from_ma200_pct": -7.594450487957172, "distance_from_ma50_pct": 12.291317021464554, "volatility_20d_pct": 92.8118122160682, "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": "WPP_CFD.UK", "name": "WPP PLC", "sector": "", "last_price": 272.0, "change_1d_pct": -10.231023102310232, "distance_from_ma200_pct": -32.943328113842504, "distance_from_ma50_pct": -12.38287652170328, "volatility_20d_pct": 136.48646172830206, "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": "LIO_CFD.UK", "name": "LIONTRUST ASSET MANAGEMENT", "sector": "", "last_price": 259.0, "change_1d_pct": 0.19342359767891004, "distance_from_ma200_pct": -20.670350849922237, "distance_from_ma50_pct": -0.35817197640911624, "volatility_20d_pct": 128.03912578370827, "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": "CABO_CFD.US", "name": "Cable One Inc", "sector": "", "last_price": 107.51, "change_1d_pct": -4.545858119506341, "distance_from_ma200_pct": -21.598626681553036, "distance_from_ma50_pct": 1.6297052540033663, "volatility_20d_pct": 128.50597545038758, "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": "MAT_CFD.US", "name": "", "sector": "", "last_price": 17.29, "change_1d_pct": 6.728395061728398, "distance_from_ma200_pct": -9.237177585939904, "distance_from_ma50_pct": -15.311520376175558, "volatility_20d_pct": 181.34348511232562, "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": "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": "DHER_CFD.DE", "name": "DELIVERY HERO SE", "sector": "", "last_price": 20.778, "change_1d_pct": 4.025232802643419, "distance_from_ma200_pct": -11.028363616432824, "distance_from_ma50_pct": -9.573037463344836, "volatility_20d_pct": 120.72903733861568, "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": "PUM_CFD.DE", "name": "", "sector": "", "last_price": 23.61, "change_1d_pct": 2.965547317924111, "distance_from_ma200_pct": 12.00067551445121, "distance_from_ma50_pct": 5.826129596444307, "volatility_20d_pct": 109.40924417684667, "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": "OCDO_CFD.UK", "name": "OCADO GROUP PLC", "sector": "", "last_price": 221.9, "change_1d_pct": -21.312056737588648, "distance_from_ma200_pct": -14.06664037160078, "distance_from_ma50_pct": -3.1767959417158487, "volatility_20d_pct": 240.9598068877464, "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": "BAS_CFD.DE", "name": "BASF SE", "sector": "", "last_price": 50.838, "change_1d_pct": 0.390995260663507, "distance_from_ma200_pct": 15.215281900437994, "distance_from_ma50_pct": 10.57041703042807, "volatility_20d_pct": 51.4553906746837, "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": 33.278, "change_1d_pct": -4.263521288837746, "distance_from_ma200_pct": 10.871637377315047, "distance_from_ma50_pct": -9.920737395047851, "volatility_20d_pct": 87.11061082207468, "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": "TREE_CFD.US", "name": "", "sector": "", "last_price": 39.35, "change_1d_pct": -8.679508006498027, "distance_from_ma200_pct": -25.01948350142815, "distance_from_ma50_pct": -27.563177426955697, "volatility_20d_pct": 152.47471741995676, "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": 5.033, "change_1d_pct": -1.5068493150684925, "distance_from_ma200_pct": -32.91913710526018, "distance_from_ma50_pct": -11.644710971293726, "volatility_20d_pct": 124.36499030028038, "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": "HMSO_CFD.UK", "name": "", "sector": "", "last_price": 355.4, "change_1d_pct": 14.129736673089276, "distance_from_ma200_pct": 22.516025502913806, "distance_from_ma50_pct": 10.006914897239172, "volatility_20d_pct": 87.54938293511039, "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": "AHT_CFD.UK", "name": "ASHTEAD GROUP PLC", "sector": "", "last_price": 5198.0, "change_1d_pct": 2.3228346456692917, "distance_from_ma200_pct": 7.779696268812253, "distance_from_ma50_pct": 3.672375508284831, "volatility_20d_pct": 97.25825889483464, "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": "IHG_CFD.UK", "name": "", "sector": "", "last_price": 144.25, "change_1d_pct": 1.1216263582194186, "distance_from_ma200_pct": -98.11701487032192, "distance_from_ma50_pct": -96.80246670021214, "volatility_20d_pct": 600.119439684226, "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": "AAD_CFD.DE", "name": "AMADEUS FIRE AG", "sector": "", "last_price": 33.233, "change_1d_pct": -3.9508670520231326, "distance_from_ma200_pct": -42.351909561555004, "distance_from_ma50_pct": -17.200054812950803, "volatility_20d_pct": 57.34841695059528, "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": "HHFA_CFD.DE", "name": "", "sector": "", "last_price": 23.2, "change_1d_pct": 1.754385964912264, "distance_from_ma200_pct": 12.775906011004402, "distance_from_ma50_pct": 4.208496046814769, "volatility_20d_pct": 75.99748253783302, "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": "RMV_CFD.UK", "name": "", "sector": "", "last_price": 431.4, "change_1d_pct": -14.810426540284361, "distance_from_ma200_pct": -37.284210035093366, "distance_from_ma50_pct": -17.526388114623416, "volatility_20d_pct": 137.79982108268825, "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": "GLW_CFD.US", "name": "", "sector": "", "last_price": 132.55, "change_1d_pct": 0.6836308393467494, "distance_from_ma200_pct": 77.49312222520537, "distance_from_ma50_pct": 34.840124677523065, "volatility_20d_pct": 127.7304649757927, "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": "LDOS_CFD.US", "name": "", "sector": "", "last_price": 164.73, "change_1d_pct": -10.263114888053604, "distance_from_ma200_pct": -6.771581886419575, "distance_from_ma50_pct": -12.270517610869447, "volatility_20d_pct": 67.10358169719632, "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": 36.08, "change_1d_pct": -14.421252371916504, "distance_from_ma200_pct": 1.9327097206173427, "distance_from_ma50_pct": -0.2504796713352908, "volatility_20d_pct": 80.52865134631814, "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": "SGL_CFD.DE", "name": "", "sector": "", "last_price": 4.44, "change_1d_pct": -2.631578947368418, "distance_from_ma200_pct": 29.465691591728206, "distance_from_ma50_pct": 21.9988019937462, "volatility_20d_pct": 68.95035726072665, "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": "AGFB_CFD.BE", "name": "Agfa-Gevaert", "sector": "", "last_price": 0.508, "change_1d_pct": 5.613305613305619, "distance_from_ma200_pct": -38.91697879529371, "distance_from_ma50_pct": 2.663594842569017, "volatility_20d_pct": 108.04930999009098, "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": "RAA_CFD.DE", "name": "", "sector": "", "last_price": 741.655, "change_1d_pct": -0.9806408544726364, "distance_from_ma200_pct": 9.452363554100662, "distance_from_ma50_pct": 9.801418666515072, "volatility_20d_pct": 72.52356429710602, "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": "ASY_CFD.FR", "name": "Assystem SA", "sector": "", "last_price": 44.9, "change_1d_pct": 2.0454545454545503, "distance_from_ma200_pct": 3.1294387002291257, "distance_from_ma50_pct": 0.45565252098940245, "volatility_20d_pct": 66.92772549537254, "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": "NA9_CFD.DE", "name": "", "sector": "", "last_price": 58.45, "change_1d_pct": -2.432103093127669, "distance_from_ma200_pct": -2.1090434914697975, "distance_from_ma50_pct": -17.075943113955105, "volatility_20d_pct": 86.29050844040258, "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": "IPO_CFD.UK", "name": "", "sector": "", "last_price": 58.6, "change_1d_pct": 0.5145797598627766, "distance_from_ma200_pct": 12.529572618060026, "distance_from_ma50_pct": -0.45525582659509123, "volatility_20d_pct": 90.16825025482643, "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": "GXI_CFD.DE", "name": "", "sector": "", "last_price": 21.24, "change_1d_pct": 10.274648252946372, "distance_from_ma200_pct": -43.677262227025984, "distance_from_ma50_pct": -17.569367472965546, "volatility_20d_pct": 208.2327389098102, "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": "FPE3_CFD.DE", "name": "", "sector": "", "last_price": 37.307, "change_1d_pct": 0.34158149542764527, "distance_from_ma200_pct": -9.03604837008799, "distance_from_ma50_pct": -2.05519480008044, "volatility_20d_pct": 35.612338498434745, "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": 136.36, "change_1d_pct": -37.848678213309014, "distance_from_ma200_pct": -36.800807370149315, "distance_from_ma50_pct": -24.62483776319949, "volatility_20d_pct": 213.49310525124298, "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": "TER_CFD.US", "name": "", "sector": "", "last_price": 310.04, "change_1d_pct": -3.0640320160079892, "distance_from_ma200_pct": 112.42272835494687, "distance_from_ma50_pct": 34.06416261355068, "volatility_20d_pct": 116.57004161394451, "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": "BFAM_CFD.US", "name": "Bright Horizons Family Solutions Inc", "sector": "", "last_price": 69.02, "change_1d_pct": -14.674248980096438, "distance_from_ma200_pct": -36.75340241403705, "distance_from_ma50_pct": -27.77040574990267, "volatility_20d_pct": 131.01677442530624, "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": "CCL_CFD.UK", "name": "CARNIVAL PLC", "sector": "", "last_price": 2419.0, "change_1d_pct": 3.1556503198294283, "distance_from_ma200_pct": 29.618391987129257, "distance_from_ma50_pct": 17.778633621783047, "volatility_20d_pct": 140.95176391789954, "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": "BCPC_CFD.US", "name": "Balchem Corporation", "sector": "", "last_price": 182.18, "change_1d_pct": 3.481965350752625, "distance_from_ma200_pct": 14.703744430638332, "distance_from_ma50_pct": 11.917513512052436, "volatility_20d_pct": 41.819877123461296, "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": "BOSS_CFD.DE", "name": "Hugo Boss AG", "sector": "", "last_price": 37.01, "change_1d_pct": 0.732152091668703, "distance_from_ma200_pct": -5.490175549253773, "distance_from_ma50_pct": 3.61200230684382, "volatility_20d_pct": 35.60794350998581, "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": "THG_CFD.UK", "name": "", "sector": "", "last_price": 35.48, "change_1d_pct": -20.090090090090097, "distance_from_ma200_pct": 4.031971945380275, "distance_from_ma50_pct": -18.256005234564732, "volatility_20d_pct": 150.3458448856807, "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": "FLEX_CFD.US", "name": "", "sector": "", "last_price": 65.22, "change_1d_pct": 0.5550416281220993, "distance_from_ma200_pct": 17.70555383603338, "distance_from_ma50_pct": 1.6305770597255131, "volatility_20d_pct": 111.33213337615535, "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": "DOM_CFD.UK", "name": "DOMINO'S PIZZA GROUP PLC", "sector": "", "last_price": 202.0, "change_1d_pct": 8.58463688652369, "distance_from_ma200_pct": -7.069225606016771, "distance_from_ma50_pct": 12.253653245130858, "volatility_20d_pct": 71.7523831897994, "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": "ADJ_CFD.DE",
      "selection_reason": "Strong mean-reversion potential based on recent price movement and distance from MA200.",
      "mean_reversion_score": 75
    },
    {
      "symbol": "FUTR_CFD.UK",
      "selection_reason": "Significant deviation from MA50 and MA200 suggests potential for short-term reversion.",
      "mean_reversion_score": 70
    },
    {
      "symbol": "LXS_CFD.DE",
      "selection_reason": "Moderate volatility and distance from MA200 indicate mean-reversion opportunity.",
      "mean_reversion_score": 68
    },
    {
      "symbol": "WPP_CFD.UK",
      "selection_reason": "Recent price drop and distance from MA200 suggest potential for reversion.",
      "mean_reversion_score": 65
    },
    {
      "symbol": "TRN_CFD.UK",
      "selection_reason": "Significant price drop and distance from MA50 indicate mean-reversion potential.",
      "mean_reversion_score": 62
    }
  ],
  "rejected_common_reasons": [
    "High volatility exceeding strategy thresholds",
    "Insufficient deviation from moving averages",
    "Unknown sector concentration risk",
    "Earnings date proximity unknown"
  ]
}

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": [{"symbol": "ADJ_CFD.DE", "qty": 16304.347826086956, "avg_price": 0.184, "last_price": 0.2, "unrealized_pnl": 260.86956521739154, "opened_at": "2026-02-16T21:00:47.737392+00:00"}, {"symbol": "ATG_CFD.UK", "qty": 10.135135135135135, "avg_price": 296.0, "last_price": 296.0, "unrealized_pnl": 0.0, "opened_at": "2026-02-16T21:00:47.737392+00:00"}], "candidates": [{"symbol": "ADJ_CFD.DE", "mean_reversion_score": 75, "selection_reason": "Strong mean-reversion potential based on recent price movement and distance from MA200."}, {"symbol": "FUTR_CFD.UK", "mean_reversion_score": 70, "selection_reason": "Significant deviation from MA50 and MA200 suggests potential for short-term reversion."}, {"symbol": "LXS_CFD.DE", "mean_reversion_score": 68, "selection_reason": "Moderate volatility and distance from MA200 indicate mean-reversion opportunity."}, {"symbol": "WPP_CFD.UK", "mean_reversion_score": 65, "selection_reason": "Recent price drop and distance from MA200 suggest potential for reversion."}, {"symbol": "TRN_CFD.UK", "mean_reversion_score": 62, "selection_reason": "Significant price drop and distance from MA50 indicate mean-reversion potential."}], "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": "Significant deviation from MA50 and MA200 suggests strong potential for short-term reversion.",
        "symbol": "FUTR_CFD.UK",
        "position_size": 3000
      },
      {
        "reason": "Moderate volatility and distance from MA200 indicate a favorable mean-reversion opportunity.",
        "symbol": "LXS_CFD.DE",
        "position_size": 3000
      }
    ],
    "hold": [
      {
        "reason": "Price remains stable at the average purchase price, indicating no immediate mean-reversion opportunity.",
        "symbol": "ATG_CFD.UK"
      }
    ],
    "sell": [
      {
        "reason": "Strong mean-reversion potential has been realized, and the position is now overvalued relative to its mean.",
        "symbol": "ADJ_CFD.DE"
      }
    ]
  },
  "portfolio_rationale": "The portfolio is adjusted to capitalize on strong mean-reversion opportunities while avoiding overtrading. ADJ_CFD.DE is sold as its mean-reversion potential has been realized. FUTR_CFD.UK and LXS_CFD.DE are bought due to their significant deviations from moving averages, indicating strong reversion potential. ATG_CFD.UK is held as it shows no immediate mean-reversion opportunity."
}

{
  "selected_stocks": [
    {
      "symbol": "ADJ_CFD.DE",
      "selection_reason": "Strong mean-reversion potential based on recent price movement and distance from MA200.",
      "mean_reversion_score": 75
    },
    {
      "symbol": "FUTR_CFD.UK",
      "selection_reason": "Significant deviation from MA50 and MA200 suggests potential for short-term reversion.",
      "mean_reversion_score": 70
    },
    {
      "symbol": "LXS_CFD.DE",
      "selection_reason": "Moderate volatility and distance from MA200 indicate mean-reversion opportunity.",
      "mean_reversion_score": 68
    },
    {
      "symbol": "WPP_CFD.UK",
      "selection_reason": "Recent price drop and distance from MA200 suggest potential for reversion.",
      "mean_reversion_score": 65
    },
    {
      "symbol": "TRN_CFD.UK",
      "selection_reason": "Significant price drop and distance from MA50 indicate mean-reversion potential.",
      "mean_reversion_score": 62
    }
  ],
  "rejected_common_reasons": [
    "High volatility exceeding strategy thresholds",
    "Insufficient deviation from moving averages",
    "Unknown sector concentration risk",
    "Earnings date proximity unknown"
  ]
}