Arena run #57

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": "FLTR_CFD.UK", "name": "FLUTTER ENTERTAINMENT PLC-DI", "sector": "", "last_price": 12305.0, "change_1d_pct": -25.78407720144753, "distance_from_ma200_pct": -37.10737840264257, "distance_from_ma50_pct": -32.350543135250895, "volatility_20d_pct": 128.69185529878447, "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": "IRBT_CFD.US", "name": "IROBOT CORP", "sector": "", "last_price": 0.49, "change_1d_pct": -45.55555555555556, "distance_from_ma200_pct": -85.08802629376588, "distance_from_ma50_pct": -82.85994123408423, "volatility_20d_pct": 786.5727671965057, "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": "CPG_CFD.UK", "name": "", "sector": "", "last_price": 2202.0, "change_1d_pct": -3.16622691292876, "distance_from_ma200_pct": -11.975119419721757, "distance_from_ma50_pct": -5.6971915407383005, "volatility_20d_pct": 75.58872399381154, "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": "BPT_CFD.UK", "name": "", "sector": "", "last_price": 274.2, "change_1d_pct": -5.912225920461179, "distance_from_ma200_pct": -11.483684525527371, "distance_from_ma50_pct": -7.545463557334964, "volatility_20d_pct": 77.69917499624198, "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": "BBOX_CFD.UK", "name": "", "sector": "", "last_price": 166.0, "change_1d_pct": 15.598885793871876, "distance_from_ma200_pct": 15.063751209988908, "distance_from_ma50_pct": 9.510960991667927, "volatility_20d_pct": 57.84262866116462, "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": "AUTO_CFD.UK", "name": "AUTOTRADER GROUP PLC", "sector": "", "last_price": 487.5, "change_1d_pct": -37.876721929835746, "distance_from_ma200_pct": -38.2752275317555, "distance_from_ma50_pct": -34.54270662081388, "volatility_20d_pct": 121.55657728615927, "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": 1714.0, "change_1d_pct": -16.876818622696412, "distance_from_ma200_pct": -15.871458066903788, "distance_from_ma50_pct": -14.252272815048862, "volatility_20d_pct": 67.97233404982396, "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": "", "sector": "", "last_price": 0.186, "change_1d_pct": 3.3333333333333437, "distance_from_ma200_pct": -13.132822716233882, "distance_from_ma50_pct": -6.098546042003239, "volatility_20d_pct": 289.85428872043053, "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": 0.187, "change_1d_pct": -3.6082474226804107, "distance_from_ma200_pct": 25.51177931404791, "distance_from_ma50_pct": -9.80127339378738, "volatility_20d_pct": 435.30530941050216, "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": "HIAB_CFD.FI", "name": "", "sector": "", "last_price": 50.85, "change_1d_pct": 0.5934718100890191, "distance_from_ma200_pct": 0.9514049517210132, "distance_from_ma50_pct": 2.1373931725220174, "volatility_20d_pct": 95.89223468715024, "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": "GN_CFD.DK", "name": "", "sector": "", "last_price": 97.18, "change_1d_pct": -9.092609915809168, "distance_from_ma200_pct": -7.089781979356669, "distance_from_ma50_pct": -9.820792255612298, "volatility_20d_pct": 97.13892488265931, "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": "CNA_CFD.UK", "name": "", "sector": "", "last_price": 192.7, "change_1d_pct": 0.7055134570159272, "distance_from_ma200_pct": 16.426638680771987, "distance_from_ma50_pct": 9.909539942735247, "volatility_20d_pct": 64.829903014991, "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": "GSK_CFD.UK", "name": "", "sector": "", "last_price": 2206.0, "change_1d_pct": 7.82013685239491, "distance_from_ma200_pct": 37.82643341052696, "distance_from_ma50_pct": 18.709576321970523, "volatility_20d_pct": 52.83958173805724, "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": "AN_CFD.US", "name": "", "sector": "", "last_price": 211.0, "change_1d_pct": 1.0633202414024323, "distance_from_ma200_pct": 3.2016477047904557, "distance_from_ma50_pct": -0.40639853488844135, "volatility_20d_pct": 69.70272862144698, "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": "BDX_CFD.US", "name": "", "sector": "", "last_price": 208.67, "change_1d_pct": 1.379779429626371, "distance_from_ma200_pct": 11.477413629979605, "distance_from_ma50_pct": 4.4471762673110815, "volatility_20d_pct": 44.713843204767905, "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": "HLAG_CFD.DE", "name": "", "sector": "", "last_price": 123.613, "change_1d_pct": 5.6521367521367605, "distance_from_ma200_pct": -1.7621820361954033, "distance_from_ma50_pct": 3.540841644906667, "volatility_20d_pct": 53.99560219203846, "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": "", "sector": "", "last_price": 2458.05, "change_1d_pct": 3.5404380791912438, "distance_from_ma200_pct": 32.14769123379189, "distance_from_ma50_pct": 20.357044788362, "volatility_20d_pct": 140.54190664102762, "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": "KNEBV_CFD.FI", "name": "", "sector": "", "last_price": 58.96, "change_1d_pct": -4.688005172971222, "distance_from_ma200_pct": 4.6450251194206205, "distance_from_ma50_pct": -2.242746381937044, "volatility_20d_pct": 60.30749330046405, "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": "GNS_CFD.UK", "name": "", "sector": "", "last_price": 3135.0, "change_1d_pct": 28.747433264887068, "distance_from_ma200_pct": 43.087566327191595, "distance_from_ma50_pct": 23.102919223751872, "volatility_20d_pct": 112.46982035808782, "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": "G_CFD.US", "name": "", "sector": "", "last_price": 39.75, "change_1d_pct": 2.1063447212946285, "distance_from_ma200_pct": -9.527700455889343, "distance_from_ma50_pct": -12.940063340210505, "volatility_20d_pct": 67.2207475218166, "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": 6.177, "change_1d_pct": 4.99745028046914, "distance_from_ma200_pct": -19.144293468123387, "distance_from_ma50_pct": 6.803838506094917, "volatility_20d_pct": 85.41176010709088, "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": "", "sector": "", "last_price": 22.45, "change_1d_pct": -9.73785783210036, "distance_from_ma200_pct": -4.534870073871722, "distance_from_ma50_pct": -0.7490901631517, "volatility_20d_pct": 106.15000632111948, "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": "ADM_CFD.UK", "name": "", "sector": "", "last_price": 2830.0, "change_1d_pct": 7.359635811836118, "distance_from_ma200_pct": -12.49642700185255, "distance_from_ma50_pct": -7.339479399798188, "volatility_20d_pct": 64.17460177947412, "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": "GO_CFD.US", "name": "", "sector": "", "last_price": 10.27, "change_1d_pct": 9.25531914893616, "distance_from_ma200_pct": -24.76796741654519, "distance_from_ma50_pct": 1.1503762360635106, "volatility_20d_pct": 80.71559249557171, "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": "BRNK_CFD.DE", "name": "", "sector": "", "last_price": 1.99, "change_1d_pct": 0.25188916876575096, "distance_from_ma200_pct": 2.44372030290394, "distance_from_ma50_pct": 6.4091458393489065, "volatility_20d_pct": 103.1424091021338, "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": "", "sector": "", "last_price": 0.8, "change_1d_pct": -3.6144578313252906, "distance_from_ma200_pct": -28.624323046313894, "distance_from_ma50_pct": -13.358026295839021, "volatility_20d_pct": 123.9561977008674, "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": "AMG_CFD.NL", "name": "", "sector": "", "last_price": 36.76, "change_1d_pct": 1.7155506364139317, "distance_from_ma200_pct": 40.634761653537296, "distance_from_ma50_pct": 16.07880980695424, "volatility_20d_pct": 76.92144970309357, "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": "CAST_CFD.SE", "name": "", "sector": "", "last_price": 108.45, "change_1d_pct": -2.429149797570851, "distance_from_ma200_pct": -4.686950021949688, "distance_from_ma50_pct": 0.8703966545814401, "volatility_20d_pct": 39.59489582959776, "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": 354.4, "change_1d_pct": 14.84121840570316, "distance_from_ma200_pct": 22.618938467367066, "distance_from_ma50_pct": 10.444001089481446, "volatility_20d_pct": 86.87319350894128, "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": "AIG_CFD.US", "name": "", "sector": "", "last_price": 75.98, "change_1d_pct": 2.5509515454177345, "distance_from_ma200_pct": -5.288888833487682, "distance_from_ma50_pct": -3.262195354853825, "volatility_20d_pct": 64.93804366301129, "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": "IRM_CFD.US", "name": "", "sector": "", "last_price": 96.27, "change_1d_pct": 8.693688607880778, "distance_from_ma200_pct": 1.1043022101797417, "distance_from_ma50_pct": 10.49210131254561, "volatility_20d_pct": 65.77697558288025, "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": "FISV_CFD.US", "name": "", "sector": "", "last_price": 60.16, "change_1d_pct": 3.5277921183961336, "distance_from_ma200_pct": -50.07145690758406, "distance_from_ma50_pct": -8.60809644762589, "volatility_20d_pct": 56.02902546917359, "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": "GBF_CFD.DE", "name": "", "sector": "", "last_price": 129.193, "change_1d_pct": 6.594884488448849, "distance_from_ma200_pct": 37.10633188056778, "distance_from_ma50_pct": 15.679463848567021, "volatility_20d_pct": 52.866684685412245, "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": "FORTUM_CFD.FI", "name": "", "sector": "", "last_price": 19.35, "change_1d_pct": 1.229400993983809, "distance_from_ma200_pct": 15.779487644354152, "distance_from_ma50_pct": 3.7418923164519224, "volatility_20d_pct": 64.51240491617641, "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": "JBLU_CFD.US", "name": "", "sector": "", "last_price": 6.17, "change_1d_pct": 10.77199281867145, "distance_from_ma200_pct": 29.773159881794943, "distance_from_ma50_pct": 23.365457671851875, "volatility_20d_pct": 129.86265850928896, "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": "", "sector": "", "last_price": 419.0, "change_1d_pct": 1.305609284332676, "distance_from_ma200_pct": 12.579768072243436, "distance_from_ma50_pct": 5.858069340825067, "volatility_20d_pct": 83.6517211804937, "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": "CPB_CFD.US", "name": "", "sector": "", "last_price": 28.52, "change_1d_pct": 6.0617329862402425, "distance_from_ma200_pct": -9.001860165340947, "distance_from_ma50_pct": 2.027674827926673, "volatility_20d_pct": 57.55424281400177, "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": "FLO_CFD.US", "name": "", "sector": "", "last_price": 11.75, "change_1d_pct": 5.004468275245766, "distance_from_ma200_pct": -15.301275166333884, "distance_from_ma50_pct": 7.243255083786648, "volatility_20d_pct": 61.10312135408288, "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": "APO_CFD.US", "name": "", "sector": "", "last_price": 134.76, "change_1d_pct": 6.31952662721893, "distance_from_ma200_pct": -1.6772363394397138, "distance_from_ma50_pct": -4.283926433006558, "volatility_20d_pct": 74.67847082473573, "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": "COLM_CFD.US", "name": "", "sector": "", "last_price": 62.5, "change_1d_pct": 8.866051210590498, "distance_from_ma200_pct": 9.73565996342729, "distance_from_ma50_pct": 12.066214098467643, "volatility_20d_pct": 110.0219728259903, "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": "LAD_CFD.US", "name": "", "sector": "", "last_price": 336.54, "change_1d_pct": 2.291793313069923, "distance_from_ma200_pct": 4.930704858774293, "distance_from_ma50_pct": 0.9131782043847236, "volatility_20d_pct": 58.57386000925162, "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": "BOY_CFD.UK", "name": "", "sector": "", "last_price": 759.0, "change_1d_pct": 21.927710843373504, "distance_from_ma200_pct": 26.070718696943686, "distance_from_ma50_pct": 16.477642431132388, "volatility_20d_pct": 101.78150509898363, "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": "GLPG_CFD.NL", "name": "", "sector": "", "last_price": 28.14, "change_1d_pct": -0.7757404795486589, "distance_from_ma200_pct": 4.243630775283291, "distance_from_ma50_pct": 0.7129359216629494, "volatility_20d_pct": 77.02536911739296, "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": "GFT_CFD.DE", "name": "", "sector": "", "last_price": 18.96, "change_1d_pct": -1.3373575480043587, "distance_from_ma200_pct": -4.668047706200595, "distance_from_ma50_pct": -2.4607064808069623, "volatility_20d_pct": 64.1358414550162, "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": "FAST_CFD.US", "name": "", "sector": "", "last_price": 47.18, "change_1d_pct": 1.7029532226773059, "distance_from_ma200_pct": 7.899683939459079, "distance_from_ma50_pct": 10.777697946456666, "volatility_20d_pct": 58.36547691535282, "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": "LAND_CFD.UK", "name": "", "sector": "", "last_price": 656.5, "change_1d_pct": 9.599332220367284, "distance_from_ma200_pct": 10.893575022206159, "distance_from_ma50_pct": 5.268727891963665, "volatility_20d_pct": 67.84943580280434, "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": "GEN_CFD.UK", "name": "", "sector": "", "last_price": 363.0, "change_1d_pct": 11.349693251533743, "distance_from_ma200_pct": -0.8072323824217409, "distance_from_ma50_pct": 5.082033461824809, "volatility_20d_pct": 111.85373896752925, "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": "BATS_CFD.UK", "name": "", "sector": "", "last_price": 4517.0, "change_1d_pct": -0.9647007235255467, "distance_from_ma200_pct": 14.841537301819052, "distance_from_ma50_pct": 5.258472817704307, "volatility_20d_pct": 41.94183879296525, "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": "DOCS_CFD.UK", "name": "", "sector": "", "last_price": 68.35, "change_1d_pct": -8.805870580386932, "distance_from_ma200_pct": -8.608516188727766, "distance_from_ma50_pct": -14.353737234509135, "volatility_20d_pct": 116.53374073151934, "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": 34.93, "change_1d_pct": 0.0, "distance_from_ma200_pct": -5.399897356315753, "distance_from_ma50_pct": 14.207057100258957, "volatility_20d_pct": 98.3451732511559, "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"]}}

{
  "raw": {
    "id": "gen-1770658402-TuKwVXd2MnwCWhneNu9E",
    "model": "anthropic/claude-opus-4.6",
    "usage": {
      "cost": 0.06624,
      "is_byok": false,
      "cost_details": {
        "upstream_inference_cost": 0.06624,
        "upstream_inference_prompt_cost": 0.04884,
        "upstream_inference_completions_cost": 0.0174
      },
      "total_tokens": 10464,
      "prompt_tokens": 9768,
      "completion_tokens": 696,
      "prompt_tokens_details": {
        "cached_tokens": 0,
        "cache_write_tokens": 0
      },
      "completion_tokens_details": {
        "reasoning_tokens": 0
      }
    },
    "object": "chat.completion",
    "choices": [
      {
        "index": 0,
        "message": {
          "role": "assistant",
          "content": "```json\n{\n  \"selected_stocks\": [\n    {\n      \"symbol\": \"ICG_CFD.UK\",\n      \"mean_reversion_score\": 72,\n      \"selection_reason\": \"Down 16.9% in 1d, 15.9% below MA200, 14.3% below MA50; moderate volatility (68%) suggests oversold bounce likely within 2-10 days\"\n    },\n    {\n      \"symbol\": \"GN_CFD.DK\",\n      \"mean_reversion_score\": 68,\n      \"selection_reason\": \"Down 9.1% in 1d, 9.8% below MA50, 7.1% below MA200; volatility (97%) manageable; sharp single-day drop suggests short-term reversion\"\n    },\n    {\n      \"symbol\": \"DHER_CFD.DE\",\n      \"mean_reversion_score\": 65,\n      \"selection_reason\": \"Down 9.7% in 1d, 4.5% below MA200, near MA50; moderate dislocation with contained volatility (106%) favors mean reversion\"\n    },\n    {\n      \"symbol\": \"FISV_CFD.US\",\n      \"mean_reversion_score\": 70,\n      \"selection_reason\": \"50% below MA200, 8.6% below MA50 but gained 3.5% today; deeply oversold with lower volatility (56%) suggests continued reversion bounce\"\n    },\n    {\n      \"symbol\": \"G_CFD.US\",\n      \"mean_reversion_score\": 64,\n      \"selection_reason\": \"9.5% below MA200, 12.9% below MA50 with moderate volatility (67%); recent +2.1% move hints at early reversion from oversold levels\"\n    }\n  ],\n  \"rejected_common_reasons\": [\n    \"IRBT: extreme volatility (787%), penny stock at $0.49, likely binary/distressed event — not suitable for mean reversion\",\n    \"FLTR/AUTO: massive single-day drops (26-38%) with extreme volatility (121-129%) suggest event-driven moves, not clean mean reversion\",\n    \"BBOX/BOY/GNS/HMSO/CCL/JBLU: large positive moves already well above MA50 — momentum, not mean reversion candidates\",\n    \"ADJ/IPR/BRNK: sub-$1 prices with extreme volatility (290-435%) — illiquid micro-caps unsuitable for strategy\",\n    \"GSK/GBF/AMG: trading 37-41% above MA200 — extended to upside, no oversold signal\",\n    \"Sector concentration avoided: selected across financials (ICG), tech/audio (GN), delivery (DHER), fintech (FISV), professional services (G)\"\n  ]\n}\n```",
          "refusal": null,
          "reasoning": null
        },
        "logprobs": null,
        "finish_reason": "stop",
        "native_finish_reason": "stop"
      }
    ],
    "created": 1770658402,
    "provider": "Google"
  }
}

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": [], "candidates": [], "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"}}

{
  "raw": {
    "id": "gen-1770658418-ZocPKv5eiJlizJWTWNqn",
    "model": "anthropic/claude-opus-4.6",
    "usage": {
      "cost": 0.005465,
      "is_byok": false,
      "cost_details": {
        "upstream_inference_cost": 0.005465,
        "upstream_inference_prompt_cost": 0.00204,
        "upstream_inference_completions_cost": 0.003425
      },
      "total_tokens": 545,
      "prompt_tokens": 408,
      "completion_tokens": 137,
      "prompt_tokens_details": {
        "cached_tokens": 0,
        "cache_write_tokens": 0
      },
      "completion_tokens_details": {
        "reasoning_tokens": 0
      }
    },
    "object": "chat.completion",
    "choices": [
      {
        "index": 0,
        "message": {
          "role": "assistant",
          "content": "```json\n{\n  \"actions\": {\n    \"sell\": [],\n    \"hold\": [],\n    \"buy\": []\n  },\n  \"portfolio_rationale\": \"The portfolio is currently empty and no candidate securities have been provided for evaluation. Without any candidates to analyze for mean-reversion signals (e.g., oversold conditions, price dislocations, or fundamental mispricings), there are no actionable trades to execute. The strategy requires identifiable mean-reversion opportunities with supporting data before committing capital. Remaining fully in cash until candidates with valid pricing and signal data are available.\"\n}\n```",
          "refusal": null,
          "reasoning": null
        },
        "logprobs": null,
        "finish_reason": "stop",
        "native_finish_reason": "stop"
      }
    ],
    "created": 1770658418,
    "provider": "Anthropic"
  }
}

{
  "raw": {
    "id": "gen-1770658402-TuKwVXd2MnwCWhneNu9E",
    "model": "anthropic/claude-opus-4.6",
    "usage": {
      "cost": 0.06624,
      "is_byok": false,
      "cost_details": {
        "upstream_inference_cost": 0.06624,
        "upstream_inference_prompt_cost": 0.04884,
        "upstream_inference_completions_cost": 0.0174
      },
      "total_tokens": 10464,
      "prompt_tokens": 9768,
      "completion_tokens": 696,
      "prompt_tokens_details": {
        "cached_tokens": 0,
        "cache_write_tokens": 0
      },
      "completion_tokens_details": {
        "reasoning_tokens": 0
      }
    },
    "object": "chat.completion",
    "choices": [
      {
        "index": 0,
        "message": {
          "role": "assistant",
          "content": "```json\n{\n  \"selected_stocks\": [\n    {\n      \"symbol\": \"ICG_CFD.UK\",\n      \"mean_reversion_score\": 72,\n      \"selection_reason\": \"Down 16.9% in 1d, 15.9% below MA200, 14.3% below MA50; moderate volatility (68%) suggests oversold bounce likely within 2-10 days\"\n    },\n    {\n      \"symbol\": \"GN_CFD.DK\",\n      \"mean_reversion_score\": 68,\n      \"selection_reason\": \"Down 9.1% in 1d, 9.8% below MA50, 7.1% below MA200; volatility (97%) manageable; sharp single-day drop suggests short-term reversion\"\n    },\n    {\n      \"symbol\": \"DHER_CFD.DE\",\n      \"mean_reversion_score\": 65,\n      \"selection_reason\": \"Down 9.7% in 1d, 4.5% below MA200, near MA50; moderate dislocation with contained volatility (106%) favors mean reversion\"\n    },\n    {\n      \"symbol\": \"FISV_CFD.US\",\n      \"mean_reversion_score\": 70,\n      \"selection_reason\": \"50% below MA200, 8.6% below MA50 but gained 3.5% today; deeply oversold with lower volatility (56%) suggests continued reversion bounce\"\n    },\n    {\n      \"symbol\": \"G_CFD.US\",\n      \"mean_reversion_score\": 64,\n      \"selection_reason\": \"9.5% below MA200, 12.9% below MA50 with moderate volatility (67%); recent +2.1% move hints at early reversion from oversold levels\"\n    }\n  ],\n  \"rejected_common_reasons\": [\n    \"IRBT: extreme volatility (787%), penny stock at $0.49, likely binary/distressed event — not suitable for mean reversion\",\n    \"FLTR/AUTO: massive single-day drops (26-38%) with extreme volatility (121-129%) suggest event-driven moves, not clean mean reversion\",\n    \"BBOX/BOY/GNS/HMSO/CCL/JBLU: large positive moves already well above MA50 — momentum, not mean reversion candidates\",\n    \"ADJ/IPR/BRNK: sub-$1 prices with extreme volatility (290-435%) — illiquid micro-caps unsuitable for strategy\",\n    \"GSK/GBF/AMG: trading 37-41% above MA200 — extended to upside, no oversold signal\",\n    \"Sector concentration avoided: selected across financials (ICG), tech/audio (GN), delivery (DHER), fintech (FISV), professional services (G)\"\n  ]\n}\n```",
          "refusal": null,
          "reasoning": null
        },
        "logprobs": null,
        "finish_reason": "stop",
        "native_finish_reason": "stop"
      }
    ],
    "created": 1770658402,
    "provider": "Google"
  }
}