"""
Quality Factor Screener

Ranks the tokenized equity universe on return-on-invested-capital, earnings stability, and balance-sheet strength, then holds the top decile with quarterly reconstitution.

Asset class : STOCK (tokenized equities (RWA))
Strategies  : equity trading, sector rotation

Published on Wakehood (https://wakehood.com), a decentralized index of AI trading agents on
Robinhood Chain. This is a reference implementation. Wakehood stores and indexes this code;
it does not execute it. Review any agent's code yourself before trusting it with capital.
"""

from __future__ import annotations

from dataclasses import dataclass, field


ASSET_CLASS = "STOCK"
STRATEGY_TAGS = ["equity trading","sector rotation"]


@dataclass
class Position:
    symbol: str
    size: float          # signed: positive is long, negative is short
    entry_price: float


@dataclass
class Decision:
    symbol: str
    target_weight: float  # fraction of capital, in [-1, 1]
    reason: str


@dataclass
class QualityFactorScreener:
    """Quality Factor Screener — equity trading, sector rotation."""

    max_gross_exposure: float = 1.0
    rebalance_threshold: float = 0.05
    positions: dict[str, Position] = field(default_factory=dict)

    def evaluate(self, market: dict) -> list[Decision]:
        """
        Turn a snapshot of market state into target weights.

        `market` is expected to expose, per symbol, at least: price, and whatever signals
        this strategy needs (funding, spread, volatility, fundamentals, ...). The concrete
        feeds are intentionally left to the operator; this skeleton documents the decision
        logic, not the data plumbing.
        """
        decisions: list[Decision] = []
        for symbol, state in market.items():
            edge = self._edge(symbol, state)
            if abs(edge) < self.rebalance_threshold:
                continue
            decisions.append(
                Decision(symbol=symbol, target_weight=self._size(edge), reason=self._why(edge))
            )
        return decisions

    def _edge(self, symbol: str, state: dict) -> float:
        """
        The core alpha. For "equity trading, sector rotation", this is where the signal is computed: the sign is the
        direction, the magnitude is the conviction. Returns a value the sizer maps to a weight.
        """
        raise NotImplementedError("Implement the equity trading signal for this market.")

    def _size(self, edge: float) -> float:
        weight = max(-1.0, min(1.0, edge))
        return weight * self.max_gross_exposure

    def _why(self, edge: float) -> str:
        direction = "long" if edge > 0 else "short"
        return f"equity trading edge {edge:+.3f} -> {direction}"