Arena run #311

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": "US", "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": "WIZZ_CFD.UK", "name": "WIZZ AIR HOLDINGS PLC", "sector": "", "last_price": 1299.0, "change_1d_pct": -7.412687099073412, "distance_from_ma200_pct": 3.990085157792933, "distance_from_ma50_pct": 0.21211951024278086, "volatility_20d_pct": 5874.684590366408, "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": "UKW_CFD.UK", "name": "GREENCOAT UK WIND PLC", "sector": "", "last_price": 92.35, "change_1d_pct": -5.909322465613864, "distance_from_ma200_pct": -17.64082660607077, "distance_from_ma50_pct": -12.349969913308566, "volatility_20d_pct": 2773.983404143022, "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": "CRDA_CFD.UK", "name": "CRODA INTERNATIONAL PLC", "sector": "", "last_price": 3270.0, "change_1d_pct": 18.306801736613608, "distance_from_ma200_pct": 15.315074372668791, "distance_from_ma50_pct": 15.114636224020273, "volatility_20d_pct": 105.57470323224747, "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": "BIG_CFD.FR", "name": "Bigben Interactive", "sector": "", "last_price": 0.462, "change_1d_pct": 0.0, "distance_from_ma200_pct": null, "distance_from_ma50_pct": -45.79246257098606, "volatility_20d_pct": 11712.882237669019, "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": 315.5, "change_1d_pct": -0.15822784810126667, "distance_from_ma200_pct": null, "distance_from_ma50_pct": 2.9598929608719793, "volatility_20d_pct": 4125.199412345139, "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": "CCC_CFD.UK", "name": "COMPUTACENTER PLC", "sector": "", "last_price": 2992.0, "change_1d_pct": -2.540716612377847, "distance_from_ma200_pct": null, "distance_from_ma50_pct": -2.946633623541939, "volatility_20d_pct": 3425.126046830974, "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": 290.6, "change_1d_pct": 0.1378359751895264, "distance_from_ma200_pct": null, "distance_from_ma50_pct": -13.036712512419047, "volatility_20d_pct": 3710.24320963922, "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": "BLND_CFD.UK", "name": "BRITISH LAND CO PLC", "sector": "", "last_price": 413.0, "change_1d_pct": 0.0, "distance_from_ma200_pct": null, "distance_from_ma50_pct": 2.3259962538279444, "volatility_20d_pct": 2013.7372429692637, "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": "CAR_CFD.US", "name": "Avis Budget Group Inc", "sector": "", "last_price": 118.35, "change_1d_pct": 1.587982832618029, "distance_from_ma200_pct": null, "distance_from_ma50_pct": -5.933987675643548, "volatility_20d_pct": 4643.814201648793, "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": "BRBY_CFD.UK", "name": "BURBERRY GROUP PLC", "sector": "", "last_price": 1174.5, "change_1d_pct": -0.550381033022862, "distance_from_ma200_pct": null, "distance_from_ma50_pct": -4.69118971687319, "volatility_20d_pct": 4100.463229875871, "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": "CE_CFD.US", "name": "Celanese Corporation", "sector": "", "last_price": 58.85, "change_1d_pct": 0.051003060183618665, "distance_from_ma200_pct": null, "distance_from_ma50_pct": 28.07455092296376, "volatility_20d_pct": 6478.369286492251, "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": "FDX_CFD.US", "name": "FedEx Corporation", "sector": "", "last_price": 386.56, "change_1d_pct": 0.7427484298037745, "distance_from_ma200_pct": null, "distance_from_ma50_pct": 19.68497947520138, "volatility_20d_pct": 2549.069205234816, "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": "ABF_CFD.UK", "name": "ASSOCIATED BRITISH FOODS PLC", "sector": "", "last_price": 1976.5, "change_1d_pct": 0.48296898830706425, "distance_from_ma200_pct": null, "distance_from_ma50_pct": -0.4789045745805742, "volatility_20d_pct": 1983.0157791154838, "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": 0.49, "change_1d_pct": -2.0000000000000018, "distance_from_ma200_pct": null, "distance_from_ma50_pct": -1.505557900661325, "volatility_20d_pct": 2568.590327331217, "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": "WIZZ_CFD.UK",
      "selection_reason": "Sharp -7.4% 1d drop while near MA200 (+4%) and MA50 (+0.2%); large single-day deviation suggests oversold snap-back potential within 2-10 days.",
      "mean_reversion_score": 78
    },
    {
      "symbol": "BYIT_CFD.UK",
      "selection_reason": "Trading -13% below MA50 with flat 1d change (+0.1%); extended downside deviation from moving average suggests mean-reversion bounce setup.",
      "mean_reversion_score": 72
    },
    {
      "symbol": "BRBY_CFD.UK",
      "selection_reason": "Moderately below MA50 (-4.7%) with mild -0.55% 1d decline; stretched below short-term average with manageable volatility for reversion trade.",
      "mean_reversion_score": 65
    },
    {
      "symbol": "CCC_CFD.UK",
      "selection_reason": "-2.5% 1d drop and -2.9% below MA50; fresh selling pressure pushing price below mean with moderate volatility supports short-term bounce.",
      "mean_reversion_score": 63
    },
    {
      "symbol": "CAR_CFD.US",
      "selection_reason": "Trading -5.9% below MA50 with early stabilization (+1.6% 1d); price below short-term mean with initial reversal signal in place.",
      "mean_reversion_score": 60
    }
  ],
  "rejected_common_reasons": [
    "CRDA_CFD.UK: +18.3% 1d spike and +15% above both MA200/MA50 — momentum breakout, not mean-reversion candidate; potential binary event driver.",
    "CE_CFD.US: +28% above MA50 — far above mean, wrong direction for long mean-reversion entry.",
    "FDX_CFD.US: +19.7% above MA50 — extended to upside, no reversion setup for long entry.",
    "UKW_CFD.UK: -17.6% below MA200 and -12.3% below MA50 — persistent downtrend rather than temporary dislocation; trend continuation risk too high.",
    "BIG_CFD.FR: -45.8% below MA50 with extreme volatility and very low price (€0.46) — likely structural decline, illiquid, not suitable for mean-reversion.",
    "ATG_CFD.UK: Near MA50 (+3%) with minimal 1d move — insufficient dislocation for mean-reversion signal.",
    "BLND_CFD.UK: Near MA50 (+2.3%) with 0% 1d change — no meaningful deviation to revert from.",
    "ABF_CFD.UK: Near MA50 (-0.5%) with flat 1d move — insufficient dislocation.",
    "AGFB_CFD.BE: Very low price (€0.49), likely illiquid micro-cap; only -1.5% below MA50 — weak 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": "US", "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": "AMCX_CFD.US", "qty": 395.77836411609496, "avg_price": 7.58, "last_price": 7.45, "unrealized_pnl": -51.4511873350923, "opened_at": "2026-02-24T18:14:37.115518+00:00"}, {"symbol": "AMH_CFD.US", "qty": 0.0, "avg_price": 29.63, "last_price": 29.16, "unrealized_pnl": 0.0, "opened_at": "2026-02-20T17:33:34.647633+00:00"}, {"symbol": "AML_CFD.UK", "qty": 0.0, "avg_price": 59.0, "last_price": 58.0, "unrealized_pnl": 0.0, "opened_at": "2026-02-20T09:33:44.817899+00:00"}, {"symbol": "ARCAD_CFD.NL", "qty": 0.0, "avg_price": 28.6, "last_price": 27.5, "unrealized_pnl": 0.0, "opened_at": "2026-02-23T10:32:09.961595+00:00"}, {"symbol": "BXP_CFD.US", "qty": 49.31371743239911, "avg_price": 60.835, "last_price": 60.269999999999996, "unrealized_pnl": -27.862250349305736, "opened_at": "2026-02-21T17:32:49.140800+00:00"}, {"symbol": "BYIT_CFD.UK", "qty": 10.252904989747094, "avg_price": 292.6, "last_price": 292.6, "unrealized_pnl": 0.0, "opened_at": "2026-02-18T09:36:37.284518+00:00"}, {"symbol": "CCC_CFD.UK", "qty": 1.007387508394896, "avg_price": 2978.0, "last_price": 2978.0, "unrealized_pnl": 0.0, "opened_at": "2026-02-19T09:33:49.074031+00:00"}, {"symbol": "CRWD_CFD.US", "qty": 0.0, "avg_price": 423.05499999999995, "last_price": 388.21500000000003, "unrealized_pnl": 0.0, "opened_at": "2026-02-20T17:33:34.647633+00:00"}, {"symbol": "ETSY_CFD.US", "qty": 0.0, "avg_price": 44.13, "last_price": 50.905, "unrealized_pnl": 0.0, "opened_at": "2026-02-19T00:47:27.070066+00:00"}, {"symbol": "FME_CFD.DE", "qty": 78.1657113079729, "avg_price": 38.38, "last_price": 38.14, "unrealized_pnl": -18.75977071391365, "opened_at": "2026-02-24T18:14:37.115518+00:00"}, {"symbol": "FRE_CFD.DE", "qty": 61.03018960045569, "avg_price": 49.156, "last_price": 51.2, "unrealized_pnl": 124.74570754333168, "opened_at": "2026-02-25T10:57:06.928276+00:00"}, {"symbol": "HO_CFD.FR", "qty": 0.0, "avg_price": 254.566, "last_price": 251.7, "unrealized_pnl": 0.0, "opened_at": "2026-02-23T10:32:09.961595+00:00"}, {"symbol": "ICG_CFD.UK", "qty": 1.7647058823529411, "avg_price": 1700.0, "last_price": 1693.0, "unrealized_pnl": -12.352941176470587, "opened_at": "2026-02-16T09:30:55.514112+00:00"}, {"symbol": "LOPE_CFD.US", "qty": 0.0, "avg_price": 157.02, "last_price": 152.77, "unrealized_pnl": 0.0, "opened_at": "2026-02-22T17:33:48.338981+00:00"}, {"symbol": "LPX_CFD.US", "qty": 0.0, "avg_price": 86.45, "last_price": 82.99, "unrealized_pnl": 0.0, "opened_at": "2026-02-19T00:47:27.070066+00:00"}, {"symbol": "LSS_CFD.FR", "qty": 0.0, "avg_price": 20.15, "last_price": 19.78, "unrealized_pnl": 0.0, "opened_at": "2026-02-16T09:30:55.514112+00:00"}, {"symbol": "MTG_CFD.US", "qty": 0.0, "avg_price": 26.27, "last_price": 25.98, "unrealized_pnl": 0.0, "opened_at": "2026-02-19T17:33:27.020111+00:00"}, {"symbol": "OCDO_CFD.UK", "qty": 13.824884792626728, "avg_price": 217.0, "last_price": 217.0, "unrealized_pnl": 0.0, "opened_at": "2026-02-19T17:33:27.020111+00:00"}, {"symbol": "OKTA_CFD.US", "qty": 42.747221430607006, "avg_price": 70.18, "last_price": 72.06, "unrealized_pnl": 80.36477628954097, "opened_at": "2026-02-23T18:14:12.978497+00:00"}, {"symbol": "PAGE_CFD.UK", "qty": 14.577259475218659, "avg_price": 205.8, "last_price": 205.8, "unrealized_pnl": 0.0, "opened_at": "2026-02-18T09:36:37.284518+00:00"}, {"symbol": "RMV_CFD.UK", "qty": 0.0, "avg_price": 424.3, "last_price": 417.16, "unrealized_pnl": 0.0, "opened_at": "2026-02-21T09:33:26.900894+00:00"}, {"symbol": "SGE_CFD.UK", "qty": 0.0, "avg_price": 795.4, "last_price": 783.4, "unrealized_pnl": 0.0, "opened_at": "2026-02-16T17:30:52.485845+00:00"}, {"symbol": "STJ_CFD.UK", "qty": 2.3400936037441498, "avg_price": 1282.0, "last_price": 1298.5, "unrealized_pnl": 38.61154446177847, "opened_at": "2026-02-21T09:33:26.900894+00:00"}, {"symbol": "STZ_CFD.US", "qty": 0.0, "avg_price": 149.07, "last_price": 156.44, "unrealized_pnl": 0.0, "opened_at": "2026-02-16T17:30:52.485845+00:00"}, {"symbol": "TMV_CFD.DE", "qty": 0.0, "avg_price": 4.781, "last_price": 4.769, "unrealized_pnl": 0.0, "opened_at": "2026-02-19T09:33:49.074031+00:00"}, {"symbol": "UKW_CFD.UK", "qty": 32.48511099079589, "avg_price": 92.35, "last_price": 92.35, "unrealized_pnl": 0.0, "opened_at": "2026-02-21T17:32:49.140800+00:00"}, {"symbol": "ZAL_CFD.DE", "qty": 0.0, "avg_price": 21.078, "last_price": 20.775, "unrealized_pnl": 0.0, "opened_at": "2026-02-20T09:33:44.817899+00:00"}, {"symbol": "ZION_CFD.US", "qty": 50.8560773012375, "avg_price": 58.99, "last_price": 60.45, "unrealized_pnl": 74.24987285980679, "opened_at": "2026-02-23T18:14:12.978497+00:00"}], "candidates": [{"symbol": "WIZZ_CFD.UK", "mean_reversion_score": 78, "selection_reason": "Sharp -7.4% 1d drop while near MA200 (+4%) and MA50 (+0.2%); large single-day deviation suggests oversold snap-back potential within 2-10 days."}, {"symbol": "BYIT_CFD.UK", "mean_reversion_score": 72, "selection_reason": "Trading -13% below MA50 with flat 1d change (+0.1%); extended downside deviation from moving average suggests mean-reversion bounce setup."}, {"symbol": "BRBY_CFD.UK", "mean_reversion_score": 65, "selection_reason": "Moderately below MA50 (-4.7%) with mild -0.55% 1d decline; stretched below short-term average with manageable volatility for reversion trade."}, {"symbol": "CCC_CFD.UK", "mean_reversion_score": 63, "selection_reason": "-2.5% 1d drop and -2.9% below MA50; fresh selling pressure pushing price below mean with moderate volatility supports short-term bounce."}, {"symbol": "CAR_CFD.US", "mean_reversion_score": 60, "selection_reason": "Trading -5.9% below MA50 with early stabilization (+1.6% 1d); price below short-term mean with initial reversal signal in place."}], "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 (78). Sharp -7.4% single-day drop while near MA200 and MA50 suggests oversold snap-back. Classic mean-reversion setup with large single-day deviation.",
        "symbol": "WIZZ_CFD.UK",
        "position_size": 3000
      },
      {
        "reason": "Trading -5.9% below MA50 with early stabilization signal (+1.6% 1d). Mean-reversion score 60 with initial reversal confirmation. Diversifies into US auto rental sector.",
        "symbol": "CAR_CFD.US",
        "position_size": 3000
      }
    ],
    "hold": [
      {
        "reason": "Small drawdown (-$28, -0.9%). REIT with moderate mean-reversion potential; hold for bounce as rate sentiment shifts. Loss is manageable.",
        "symbol": "BXP_CFD.US"
      },
      {
        "reason": "Flat PnL at entry price. Candidate list confirms strong mean-reversion score (72) with -13% below MA50. Hold and let the reversion thesis play out.",
        "symbol": "BYIT_CFD.UK"
      },
      {
        "reason": "Flat PnL. Candidate list confirms mean-reversion score (63) with fresh -2.5% 1d drop. Hold for bounce.",
        "symbol": "CCC_CFD.UK"
      },
      {
        "reason": "Minor drawdown (-$12). Small position in quality asset manager. Hold for recovery.",
        "symbol": "ICG_CFD.UK"
      },
      {
        "reason": "Flat PnL at entry. Hold for mean-reversion bounce.",
        "symbol": "OCDO_CFD.UK"
      },
      {
        "reason": "Positive PnL (+$80, +2.7%). Mean-reversion working well. Hold to capture further upside.",
        "symbol": "OKTA_CFD.US"
      },
      {
        "reason": "Flat PnL. Stable position, no reason to exit.",
        "symbol": "PAGE_CFD.UK"
      },
      {
        "reason": "Positive PnL (+$39, +1.3%). Reversion thesis intact. Hold.",
        "symbol": "STJ_CFD.UK"
      },
      {
        "reason": "Flat PnL. Stable defensive holding. Hold.",
        "symbol": "UKW_CFD.UK"
      },
      {
        "reason": "Strong positive PnL (+$125, +4.2%). Mean-reversion working. Hold to let profits run but monitor for exit.",
        "symbol": "FRE_CFD.DE"
      },
      {
        "reason": "Positive PnL (+$74, +2.5%). Reversion thesis playing out well. Hold.",
        "symbol": "ZION_CFD.US"
      }
    ],
    "sell": [
      {
        "reason": "Position is underwater (-$51 unrealized PnL, -1.7% from avg price). AMCX is a low-liquidity, structurally declining media stock. No mean-reversion catalyst evident and not appearing in candidate list. Free up capital for higher-conviction setups.",
        "symbol": "AMCX_CFD.US"
      },
      {
        "reason": "Small negative PnL (-$19, -0.6% from entry). Position opened recently but showing no bounce momentum. Not in candidate list and marginal mean-reversion signal has faded. Rotate into stronger candidates.",
        "symbol": "FME_CFD.DE"
      }
    ]
  },
  "portfolio_rationale": "Selling two underperforming positions (AMCX, FME) that lack mean-reversion momentum and are not supported by candidate signals. Replacing with WIZZ (highest MR score at 78, sharp single-day drop) and CAR (early reversal signal, -5.9% below MA50). Existing winners (OKTA, ZION, FRE, STJ) are held as reversion theses are playing out. BYIT and CCC are confirmed by candidate list as valid MR setups. Portfolio maintains diversification across US/UK/DE with gross leverage well within 3.0x limit. Active positions after trades: ~12 non-zero positions, within constraints."
}

{
  "selected_stocks": [
    {
      "symbol": "WIZZ_CFD.UK",
      "selection_reason": "Sharp -7.4% 1d drop while near MA200 (+4%) and MA50 (+0.2%); large single-day deviation suggests oversold snap-back potential within 2-10 days.",
      "mean_reversion_score": 78
    },
    {
      "symbol": "BYIT_CFD.UK",
      "selection_reason": "Trading -13% below MA50 with flat 1d change (+0.1%); extended downside deviation from moving average suggests mean-reversion bounce setup.",
      "mean_reversion_score": 72
    },
    {
      "symbol": "BRBY_CFD.UK",
      "selection_reason": "Moderately below MA50 (-4.7%) with mild -0.55% 1d decline; stretched below short-term average with manageable volatility for reversion trade.",
      "mean_reversion_score": 65
    },
    {
      "symbol": "CCC_CFD.UK",
      "selection_reason": "-2.5% 1d drop and -2.9% below MA50; fresh selling pressure pushing price below mean with moderate volatility supports short-term bounce.",
      "mean_reversion_score": 63
    },
    {
      "symbol": "CAR_CFD.US",
      "selection_reason": "Trading -5.9% below MA50 with early stabilization (+1.6% 1d); price below short-term mean with initial reversal signal in place.",
      "mean_reversion_score": 60
    }
  ],
  "rejected_common_reasons": [
    "CRDA_CFD.UK: +18.3% 1d spike and +15% above both MA200/MA50 — momentum breakout, not mean-reversion candidate; potential binary event driver.",
    "CE_CFD.US: +28% above MA50 — far above mean, wrong direction for long mean-reversion entry.",
    "FDX_CFD.US: +19.7% above MA50 — extended to upside, no reversion setup for long entry.",
    "UKW_CFD.UK: -17.6% below MA200 and -12.3% below MA50 — persistent downtrend rather than temporary dislocation; trend continuation risk too high.",
    "BIG_CFD.FR: -45.8% below MA50 with extreme volatility and very low price (€0.46) — likely structural decline, illiquid, not suitable for mean-reversion.",
    "ATG_CFD.UK: Near MA50 (+3%) with minimal 1d move — insufficient dislocation for mean-reversion signal.",
    "BLND_CFD.UK: Near MA50 (+2.3%) with 0% 1d change — no meaningful deviation to revert from.",
    "ABF_CFD.UK: Near MA50 (-0.5%) with flat 1d move — insufficient dislocation.",
    "AGFB_CFD.BE: Very low price (€0.49), likely illiquid micro-cap; only -1.5% below MA50 — weak signal."
  ]
}