Arena run #175

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": "AIR_CFD.DE", "name": "AIRBUS SE", "sector": "", "last_price": 200.984, "change_1d_pct": 2.73154774074833, "distance_from_ma200_pct": 6.284898992222621, "distance_from_ma50_pct": 0.5545147418150043, "volatility_20d_pct": 42.989395732870086, "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": "ADJ_CFD.DE", "name": "ADLER GROUP SA", "sector": "", "last_price": 0.2, "change_1d_pct": 7.526881720430123, "distance_from_ma200_pct": -5.966430015515534, "distance_from_ma50_pct": 2.7326895418122055, "volatility_20d_pct": 311.6321860192083, "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": "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": "BDT_CFD.DE", "name": "Bertrandt AG", "sector": "", "last_price": 18.571, "change_1d_pct": 1.1492374727668953, "distance_from_ma200_pct": -3.8907902111545822, "distance_from_ma50_pct": -0.12283638022053678, "volatility_20d_pct": 97.18981583912894, "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": "BT_CFD.UK", "name": "", "sector": "", "last_price": 209.7, "change_1d_pct": 3.35140463282404, "distance_from_ma200_pct": 10.419039464933654, "distance_from_ma50_pct": 11.273956800022077, "volatility_20d_pct": 86.28451509255954, "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": 412.5, "change_1d_pct": -2.4822695035460973, "distance_from_ma200_pct": -0.6645361918828807, "distance_from_ma50_pct": 3.1817499624793744, "volatility_20d_pct": 3857.1547460259226, "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": "UMG_CFD.NL", "name": "Universal Music Group N.V.", "sector": "", "last_price": 19.085, "change_1d_pct": -2.052861175263021, "distance_from_ma200_pct": -25.01215089983454, "distance_from_ma50_pct": -16.475708151200628, "volatility_20d_pct": 5277.5584258190365, "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, 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"CCC_CFD.UK", "name": "COMPUTACENTER PLC", "sector": "", "last_price": 2960.0, "change_1d_pct": -10.789632308619645, "distance_from_ma200_pct": 17.038340831266787, "distance_from_ma50_pct": 2.2104670976909713, "volatility_20d_pct": 92.6737083098957, "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": 1.6, "change_1d_pct": -3.0303030303030165, "distance_from_ma200_pct": -26.487479898920274, "distance_from_ma50_pct": -7.535829865926946, "volatility_20d_pct": 103.86164938143123, "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": "DCC_CFD.UK", "name": "DCC PLC", "sector": "", "last_price": 5245.0, "change_1d_pct": 21.976744186046517, "distance_from_ma200_pct": 8.796736819749817, "distance_from_ma50_pct": 9.249138275290836, "volatility_20d_pct": 93.64714435327805, "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": "FME_CFD.DE", "name": "", "sector": "", "last_price": 40.818, "change_1d_pct": -0.0538687561214668, "distance_from_ma200_pct": -7.105280795556412, "distance_from_ma50_pct": 3.713965126820784, "volatility_20d_pct": 35.43744786221902, "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": "RAND_CFD.NL", "name": "RANDSTAD NV", "sector": "", "last_price": 28.3, "change_1d_pct": 2.573396158028274, "distance_from_ma200_pct": -25.34622337623419, "distance_from_ma50_pct": -17.726770313492977, "volatility_20d_pct": 156.94217733189032, "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": "BKH_CFD.US", "name": "", "sector": "", "last_price": 74.06, "change_1d_pct": 1.8566909641039908, "distance_from_ma200_pct": 16.55961837191111, "distance_from_ma50_pct": 3.5882430281447775, "volatility_20d_pct": 46.0532888421459, "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": "DPLM_CFD.UK", "name": "DIPLOMA PLC", "sector": "", "last_price": 5450.0, "change_1d_pct": -2.066486972147352, "distance_from_ma200_pct": 10.794115706218555, "distance_from_ma50_pct": -0.20332519590636755, "volatility_20d_pct": 61.180379080220206, "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": "LEG_CFD.US", "name": "", "sector": "", "last_price": 11.89, "change_1d_pct": 3.4812880765883403, "distance_from_ma200_pct": 19.11738923535453, "distance_from_ma50_pct": 0.8550198486750649, "volatility_20d_pct": 70.5337217331953, "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": "DEZ_CFD.DE", "name": "Deutz AG", "sector": "", "last_price": 11.596, "change_1d_pct": 1.898066783831287, "distance_from_ma200_pct": 33.977571812486865, "distance_from_ma50_pct": 15.755575653396114, "volatility_20d_pct": 52.36182414033206, "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": "LPX_CFD.US", "name": "LOUISIANA-PACIFIC CORP", "sector": "", "last_price": 87.47, "change_1d_pct": -8.16797900262467, "distance_from_ma200_pct": -1.8245018971205673, "distance_from_ma50_pct": -0.55481025034676, "volatility_20d_pct": 68.57109478700374, "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": "MAN_CFD.US", "name": "", "sector": "", "last_price": 29.82, "change_1d_pct": 1.1533242876526462, "distance_from_ma200_pct": -18.412574641413403, "distance_from_ma50_pct": -3.074822856399917, "volatility_20d_pct": 110.1219007608683, "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": "TMV_CFD.DE", "name": "", "sector": "", "last_price": 4.836, "change_1d_pct": -6.169965075669371, "distance_from_ma200_pct": -39.297706090940466, "distance_from_ma50_pct": -14.730049017879177, "volatility_20d_pct": 85.73079178879432, "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": "TRST_CFD.UK",
      "selection_reason": "Largest 1d drop (-37.85%), significantly below both MA200 (-36.80%) and MA50 (-24.62%), high volatility (213%) confirms oversold condition",
      "mean_reversion_score": 95
    },
    {
      "symbol": "OCDO_CFD.UK",
      "selection_reason": "Strong 1d drop (-21.31%), oversold with high volatility (241%), below MA200 (-14.07%) and approaching MA50 support",
      "mean_reversion_score": 88
    },
    {
      "symbol": "FUTR_CFD.UK",
      "selection_reason": "Furthest from MA200 (-38.12%) in universe, substantial 1d drop (-13.70%), well below MA50 (-25.14%)",
      "mean_reversion_score": 85
    },
    {
      "symbol": "RMV_CFD.UK",
      "selection_reason": "Very far below MA200 (-37.28%), significant 1d drop (-14.81%), below MA50 (-17.53%) with moderate volatility (138%)",
      "mean_reversion_score": 82
    },
    {
      "symbol": "BYIT_CFD.UK",
      "selection_reason": "Clear oversold signal: -12.67% 1d, -28.03% from MA200, -14.35% from MA50, reasonable volatility (88%)",
      "mean_reversion_score": 78
    }
  ],
  "rejected_common_reasons": [
    "Stock trading above or near moving averages (not oversold)",
    "Insufficient distance from mean for mean-reversion signal",
    "Recent upward momentum contradicts mean-reversion thesis"
  ]
}

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": "BYIT_CFD.UK", "qty": 10.252904989747094, "avg_price": 292.6, "last_price": 292.6, "unrealized_pnl": 0.0, "opened_at": "2026-02-16T09:30:55.514112+00:00"}, {"symbol": "DSY_CFD.FR", "qty": 0.0, "avg_price": 17.881, "last_price": 17.133, "unrealized_pnl": 0.0, "opened_at": "2026-02-16T09:30:55.514112+00:00"}, {"symbol": "FUTR_CFD.UK", "qty": 7.488766849725412, "avg_price": 400.6, "last_price": 400.6, "unrealized_pnl": 0.0, "opened_at": "2026-02-19T00:47:27.070066+00:00"}, {"symbol": "RMV_CFD.UK", "qty": 7.070469007777516, "avg_price": 424.3, "last_price": 424.3, "unrealized_pnl": 0.0, "opened_at": "2026-02-19T00:47:27.070066+00:00"}], "candidates": [{"symbol": "TRST_CFD.UK", "mean_reversion_score": 95, "selection_reason": "Largest 1d drop (-37.85%), significantly below both MA200 (-36.80%) and MA50 (-24.62%), high volatility (213%) confirms oversold condition"}, {"symbol": "OCDO_CFD.UK", "mean_reversion_score": 88, "selection_reason": "Strong 1d drop (-21.31%), oversold with high volatility (241%), below MA200 (-14.07%) and approaching MA50 support"}, {"symbol": "FUTR_CFD.UK", "mean_reversion_score": 85, "selection_reason": "Furthest from MA200 (-38.12%) in universe, substantial 1d drop (-13.70%), well below MA50 (-25.14%)"}, {"symbol": "RMV_CFD.UK", "mean_reversion_score": 82, "selection_reason": "Very far below MA200 (-37.28%), significant 1d drop (-14.81%), below MA50 (-17.53%) with moderate volatility (138%)"}, {"symbol": "BYIT_CFD.UK", "mean_reversion_score": 78, "selection_reason": "Clear oversold signal: -12.67% 1d, -28.03% from MA200, -14.35% from MA50, reasonable volatility (88%)"}], "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": "Top mean reversion candidate (score 95) with largest 1d drop (-37.85%), significantly below MA200 (-36.80%), high volatility (213%) confirms oversold condition",
        "symbol": "TRST_CFD.UK",
        "position_size": 3000
      }
    ],
    "hold": [
      {
        "reason": "Already holding position with strong mean reversion score (85), far below MA200 (-38.12%), maintaining exposure",
        "symbol": "FUTR_CFD.UK"
      },
      {
        "reason": "Already holding position with solid mean reversion score (82), significantly below MA200 (-37.28%), no need to duplicate",
        "symbol": "RMV_CFD.UK"
      },
      {
        "reason": "Already holding position with good mean reversion score (78), oversold conditions present, holding current allocation",
        "symbol": "BYIT_CFD.UK"
      }
    ],
    "sell": []
  },
  "portfolio_rationale": "Maintaining existing mean reversion positions in FUTR, RMV, and BYIT which all show strong oversold signals with high mean reversion scores (85, 82, 78 respectively). Adding TRST_CFD.UK as the top candidate with score 95 showing the largest 1-day drop and strongest oversold condition. This follows the fixed position size rule of 3000.0 per position and respects the max 2 buys per run limit. No sells triggered as current positions remain valid mean reversion candidates with no clear deterioration."
}

{
  "selected_stocks": [
    {
      "symbol": "TRST_CFD.UK",
      "selection_reason": "Largest 1d drop (-37.85%), significantly below both MA200 (-36.80%) and MA50 (-24.62%), high volatility (213%) confirms oversold condition",
      "mean_reversion_score": 95
    },
    {
      "symbol": "OCDO_CFD.UK",
      "selection_reason": "Strong 1d drop (-21.31%), oversold with high volatility (241%), below MA200 (-14.07%) and approaching MA50 support",
      "mean_reversion_score": 88
    },
    {
      "symbol": "FUTR_CFD.UK",
      "selection_reason": "Furthest from MA200 (-38.12%) in universe, substantial 1d drop (-13.70%), well below MA50 (-25.14%)",
      "mean_reversion_score": 85
    },
    {
      "symbol": "RMV_CFD.UK",
      "selection_reason": "Very far below MA200 (-37.28%), significant 1d drop (-14.81%), below MA50 (-17.53%) with moderate volatility (138%)",
      "mean_reversion_score": 82
    },
    {
      "symbol": "BYIT_CFD.UK",
      "selection_reason": "Clear oversold signal: -12.67% 1d, -28.03% from MA200, -14.35% from MA50, reasonable volatility (88%)",
      "mean_reversion_score": 78
    }
  ],
  "rejected_common_reasons": [
    "Stock trading above or near moving averages (not oversold)",
    "Insufficient distance from mean for mean-reversion signal",
    "Recent upward momentum contradicts mean-reversion thesis"
  ]
}