CapitalUnitPathEnsemble.java
package org.drip.capital.simulation;
/*
* -*- mode: java; tab-width: 4; indent-tabs-mode: nil; c-basic-offset: 4 -*-
*/
/*!
* Copyright (C) 2020 Lakshmi Krishnamurthy
* Copyright (C) 2019 Lakshmi Krishnamurthy
*
* This file is part of DROP, an open-source library targeting analytics/risk, transaction cost analytics,
* asset liability management analytics, capital, exposure, and margin analytics, valuation adjustment
* analytics, and portfolio construction analytics within and across fixed income, credit, commodity,
* equity, FX, and structured products. It also includes auxiliary libraries for algorithm support,
* numerical analysis, numerical optimization, spline builder, model validation, statistical learning,
* and computational support.
*
* https://lakshmidrip.github.io/DROP/
*
* DROP is composed of three modules:
*
* - DROP Product Core - https://lakshmidrip.github.io/DROP-Product-Core/
* - DROP Portfolio Core - https://lakshmidrip.github.io/DROP-Portfolio-Core/
* - DROP Computational Core - https://lakshmidrip.github.io/DROP-Computational-Core/
*
* DROP Product Core implements libraries for the following:
* - Fixed Income Analytics
* - Loan Analytics
* - Transaction Cost Analytics
*
* DROP Portfolio Core implements libraries for the following:
* - Asset Allocation Analytics
* - Asset Liability Management Analytics
* - Capital Estimation Analytics
* - Exposure Analytics
* - Margin Analytics
* - XVA Analytics
*
* DROP Computational Core implements libraries for the following:
* - Algorithm Support
* - Computation Support
* - Function Analysis
* - Model Validation
* - Numerical Analysis
* - Numerical Optimizer
* - Spline Builder
* - Statistical Learning
*
* Documentation for DROP is Spread Over:
*
* - Main => https://lakshmidrip.github.io/DROP/
* - Wiki => https://github.com/lakshmiDRIP/DROP/wiki
* - GitHub => https://github.com/lakshmiDRIP/DROP
* - Repo Layout Taxonomy => https://github.com/lakshmiDRIP/DROP/blob/master/Taxonomy.md
* - Javadoc => https://lakshmidrip.github.io/DROP/Javadoc/index.html
* - Technical Specifications => https://github.com/lakshmiDRIP/DROP/tree/master/Docs/Internal
* - Release Versions => https://lakshmidrip.github.io/DROP/version.html
* - Community Credits => https://lakshmidrip.github.io/DROP/credits.html
* - Issues Catalog => https://github.com/lakshmiDRIP/DROP/issues
* - JUnit => https://lakshmidrip.github.io/DROP/junit/index.html
* - Jacoco => https://lakshmidrip.github.io/DROP/jacoco/index.html
*
* Licensed under the Apache License, Version 2.0 (the "License");
* you may not use this file except in compliance with the License.
*
* You may obtain a copy of the License at
* http://www.apache.org/licenses/LICENSE-2.0
*
* Unless required by applicable law or agreed to in writing, software
* distributed under the License is distributed on an "AS IS" BASIS,
* WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
*
* See the License for the specific language governing permissions and
* limitations under the License.
*/
/**
* <i>CapitalUnitPathEnsemble</i> generates the Ensemble of Capital Paths from the Simulation PnL
* Realizations for the specified Capital Unit. The References are:
*
* <br><br>
* <ul>
* <li>
* Bank for International Supervision(2005): Stress Testing at Major Financial Institutions: Survey
* Results and Practice https://www.bis.org/publ/cgfs24.htm
* </li>
* <li>
* Glasserman, P. (2004): <i>Monte Carlo Methods in Financial Engineering</i> <b>Springer</b>
* </li>
* <li>
* Kupiec, P. H. (2000): Stress Tests and Risk Capital <i>Risk</i> <b>2 (4)</b> 27-39
* </li>
* </ul>
*
* <br><br>
* <ul>
* <li><b>Module </b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/PortfolioCore.md">Portfolio Core Module</a></li>
* <li><b>Library</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/CapitalAnalyticsLibrary.md">Capital Analytics</a></li>
* <li><b>Project</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/capital/README.md">Basel Market Risk and Operational Capital</a></li>
* <li><b>Package</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/capital/simulation/README.md">Economic Risk Capital Simulation Ensemble</a></li>
* </ul>
*
* @author Lakshmi Krishnamurthy
*/
public class CapitalUnitPathEnsemble
implements org.drip.capital.simulation.PathEnsemble
{
private java.util.Map<java.lang.Double, java.util.List<java.lang.Integer>> _pnlListMap = null;
private java.util.Map<java.lang.String, java.lang.Integer> _systemicEventIncidenceCountMap = null;
private java.util.List<org.drip.capital.simulation.PathPnLRealization> _pathPnLRealizationList = null;
private java.util.Map<java.lang.String, java.lang.Integer> _idiosyncraticEventIncidenceCountMap = null;
/**
* CapitalUnitPathEnsemble Constructor
*/
public CapitalUnitPathEnsemble()
{
_pnlListMap = new java.util.TreeMap<java.lang.Double, java.util.List<java.lang.Integer>>();
_systemicEventIncidenceCountMap = new java.util.HashMap<java.lang.String, java.lang.Integer>();
_idiosyncraticEventIncidenceCountMap = new java.util.HashMap<java.lang.String, java.lang.Integer>();
_pathPnLRealizationList = new
java.util.ArrayList<org.drip.capital.simulation.PathPnLRealization>();
}
/**
* Retrieve the Path PnL Realization List
*
* @return The Path PnL Realization List
*/
public java.util.List<org.drip.capital.simulation.PathPnLRealization> pathPnLRealizationList()
{
return _pathPnLRealizationList;
}
/**
* Retrieve the Path PnL Realization Array
*
* @return The Path PnL Realization Array
*/
public org.drip.capital.simulation.PathPnLRealization[] pathPnLRealizationArray()
{
int pathCount = _pathPnLRealizationList.size();
org.drip.capital.simulation.PathPnLRealization[] pathPnLRealizationArray =
new org.drip.capital.simulation.PathPnLRealization[pathCount];
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
pathPnLRealizationArray[pathIndex] = _pathPnLRealizationList.get (
pathIndex
);
}
return pathPnLRealizationArray;
}
@Override public boolean addPathPnLRealization (
final org.drip.capital.simulation.PathPnLRealization pathPnLRealization)
{
if (null == pathPnLRealization)
{
return false;
}
_pathPnLRealizationList.add (
pathPnLRealization
);
double grossPnL = pathPnLRealization.grossPnL();
if (_pnlListMap.containsKey (
grossPnL
))
{
_pnlListMap.get (
grossPnL
).add (
_pathPnLRealizationList.size() - 1
);
}
else
{
java.util.List<java.lang.Integer> instanceList = new java.util.ArrayList<java.lang.Integer>();
instanceList.add (
_pathPnLRealizationList.size() - 1
);
_pnlListMap.put (
grossPnL,
instanceList
);
}
org.drip.capital.simulation.StressEventIncidenceEnsemble systemicStressEventIncidenceEnsemble =
pathPnLRealization.systemic();
if (null != systemicStressEventIncidenceEnsemble)
{
for (org.drip.capital.simulation.StressEventIncidence stressEventIncidence :
systemicStressEventIncidenceEnsemble.stressEventIncidenceList())
{
java.lang.String event = stressEventIncidence.name();
if (_systemicEventIncidenceCountMap.containsKey (
event
))
{
_systemicEventIncidenceCountMap.put (
event,
_systemicEventIncidenceCountMap.get (
event
) + 1
);
}
else
{
_systemicEventIncidenceCountMap.put (
event,
1
);
}
}
}
org.drip.capital.simulation.StressEventIncidenceEnsemble idiosyncraticStressEventIncidenceEnsemble
= pathPnLRealization.idiosyncratic();
if (null != idiosyncraticStressEventIncidenceEnsemble)
{
for (org.drip.capital.simulation.StressEventIncidence stressEventIncidence :
idiosyncraticStressEventIncidenceEnsemble.stressEventIncidenceList())
{
java.lang.String event = stressEventIncidence.name();
if (_idiosyncraticEventIncidenceCountMap.containsKey (
event
))
{
_idiosyncraticEventIncidenceCountMap.put (
event,
_idiosyncraticEventIncidenceCountMap.get (
event
) + 1
);
}
else
{
_idiosyncraticEventIncidenceCountMap.put (
event,
1
);
}
}
}
return true;
}
@Override public java.util.Map<java.lang.Double, java.util.List<java.lang.Integer>> pnlListMap()
{
return _pnlListMap;
}
@Override public java.util.Map<java.lang.String, java.lang.Integer> systemicEventIncidenceCountMap()
{
return _systemicEventIncidenceCountMap;
}
@Override public java.util.Map<java.lang.String, java.lang.Integer> idiosyncraticEventIncidenceCountMap()
{
return _idiosyncraticEventIncidenceCountMap;
}
@Override public int count()
{
return _pathPnLRealizationList.size();
}
@Override public int systemicEventIncidenceCount (
final java.lang.String event)
{
return null == event || event.isEmpty() || !_systemicEventIncidenceCountMap.containsKey (
event
) ? 0 : _systemicEventIncidenceCountMap.get (
event
);
}
@Override public int idiosyncraticEventIncidenceCount (
final java.lang.String event)
{
return null == event || event.isEmpty() || !_idiosyncraticEventIncidenceCountMap.containsKey (
event
) ? 0 : _idiosyncraticEventIncidenceCountMap.get (
event
);
}
@Override public double var (
final int confidenceCount)
throws java.lang.Exception
{
if (0 >= confidenceCount || _pathPnLRealizationList.size() <= confidenceCount)
{
throw new java.lang.Exception (
"CapitalUnitPathEnsemble::var => Invalid Inputs!"
);
}
int cumulativeInstanceCount = 0;
for (java.util.Map.Entry<java.lang.Double, java.util.List<java.lang.Integer>> pnlListEntry :
_pnlListMap.entrySet())
{
if (confidenceCount <=
(cumulativeInstanceCount = cumulativeInstanceCount + pnlListEntry.getValue().size()))
{
return pnlListEntry.getKey();
}
}
throw new java.lang.Exception (
"CapitalUnitPathEnsemble::var => Confidence Count Too High!"
);
}
@Override public double var (
final double confidenceLevel)
throws java.lang.Exception
{
if (!org.drip.numerical.common.NumberUtil.IsValid (
confidenceLevel
) || 0. >= confidenceLevel || 1. <= confidenceLevel)
{
throw new java.lang.Exception (
"CapitalUnitPathEnsemble::var => Invalid Inputs!"
);
}
return var (
(int) (_pathPnLRealizationList.size() * (1. - confidenceLevel))
);
}
@Override public double expectedShortfall (
final int confidenceCount)
throws java.lang.Exception
{
if (0 >= confidenceCount || _pathPnLRealizationList.size() <= confidenceCount)
{
throw new java.lang.Exception (
"CapitalUnitPathEnsemble::expectedShortfall => Invalid Inputs!"
);
}
int instanceCount = 0;
double cumulativeShortfall = 0.;
for (java.util.Map.Entry<java.lang.Double, java.util.List<java.lang.Integer>> pnlListEntry :
_pnlListMap.entrySet())
{
double pnl = pnlListEntry.getKey();
int entrySize = pnlListEntry.getValue().size();
for (int entryIndex = 0;
entryIndex < entrySize;
++entryIndex)
{
cumulativeShortfall = cumulativeShortfall + pnl;
if (++instanceCount == confidenceCount)
{
return cumulativeShortfall / confidenceCount;
}
}
}
throw new java.lang.Exception (
"CapitalUnitPathEnsemble::expectedShortfall => Confidence Count Too High!"
);
}
@Override public double expectedShortfall (
final double confidenceLevel)
throws java.lang.Exception
{
if (!org.drip.numerical.common.NumberUtil.IsValid (
confidenceLevel
) || 0. >= confidenceLevel || 1. <= confidenceLevel
)
{
throw new java.lang.Exception (
"CapitalUnitPathEnsemble::expectedShortfall => Invalid Inputs!"
);
}
return expectedShortfall (
(int) (_pathPnLRealizationList.size() * (1. - confidenceLevel))
);
}
@Override public org.drip.capital.explain.CapitalUnitPnLAttribution pnlAttribution (
final int confidenceCount)
{
if (0 >= confidenceCount || _pathPnLRealizationList.size() <= confidenceCount)
{
return null;
}
int instanceCount = 0;
java.util.List<org.drip.capital.simulation.PathPnLRealization> selectedPathPnLRealizationList =
new java.util.ArrayList<org.drip.capital.simulation.PathPnLRealization>();
for (java.util.Map.Entry<java.lang.Double, java.util.List<java.lang.Integer>> pnlListEntry :
_pnlListMap.entrySet())
{
for (int listIndex : pnlListEntry.getValue())
{
selectedPathPnLRealizationList.add (
_pathPnLRealizationList.get (
listIndex
)
);
if (++instanceCount == confidenceCount)
{
break;
}
}
if (instanceCount == confidenceCount)
{
break;
}
}
try
{
return new org.drip.capital.explain.CapitalUnitPnLAttribution (
selectedPathPnLRealizationList
);
}
catch (java.lang.Exception e)
{
e.printStackTrace();
}
return null;
}
@Override public org.drip.capital.explain.CapitalUnitPnLAttribution pnlAttribution (
final double confidenceLevel)
{
if (!org.drip.numerical.common.NumberUtil.IsValid (
confidenceLevel
) || 0. >= confidenceLevel || 1. <= confidenceLevel
)
{
return null;
}
return pnlAttribution (
(int) (_pathPnLRealizationList.size() * (1. - confidenceLevel))
);
}
@Override public org.drip.capital.explain.CapitalUnitPnLAttribution pnlAttribution (
final java.util.List<java.lang.Integer> pathIndexList)
{
if (null == pathIndexList || 0 == pathIndexList.size())
{
return null;
}
java.util.List<org.drip.capital.simulation.PathPnLRealization> selectedPathPnLRealizationList =
new java.util.ArrayList<org.drip.capital.simulation.PathPnLRealization>();
for (int pathIndex : pathIndexList)
{
selectedPathPnLRealizationList.add (
_pathPnLRealizationList.get (
pathIndex
)
);
}
try
{
return new org.drip.capital.explain.CapitalUnitPnLAttribution (
selectedPathPnLRealizationList
);
}
catch (java.lang.Exception e)
{
e.printStackTrace();
}
return null;
}
@Override public java.util.List<java.lang.Double> grossSystemicStressPnLList()
{
java.util.List<java.lang.Double> grossSystemicStressPnLList =
new java.util.ArrayList<java.lang.Double>();
for (org.drip.capital.simulation.PathPnLRealization pathPnLRealization : _pathPnLRealizationList)
{
grossSystemicStressPnLList.add (
pathPnLRealization.grossSystemicStressPnL()
);
}
return grossSystemicStressPnLList;
}
@Override public java.util.List<java.lang.Double> grossIdiosyncraticStressPnLList()
{
java.util.List<java.lang.Double> grossIdiosyncraticStressPnLList =
new java.util.ArrayList<java.lang.Double>();
for (org.drip.capital.simulation.PathPnLRealization pathPnLRealization : _pathPnLRealizationList)
{
grossIdiosyncraticStressPnLList.add (
pathPnLRealization.grossIdiosyncraticStressPnL()
);
}
return grossIdiosyncraticStressPnLList;
}
@Override public java.util.List<java.lang.Double> grossFSPnLList()
{
java.util.List<java.lang.Double> grossFSPnLList = new java.util.ArrayList<java.lang.Double>();
for (org.drip.capital.simulation.PathPnLRealization pathPnLRealization : _pathPnLRealizationList)
{
grossFSPnLList.add (
pathPnLRealization.grossFSPnL()
);
}
return grossFSPnLList;
}
@Override public java.util.List<java.lang.Double> grossPnLList()
{
java.util.List<java.lang.Double> grossPnLList = new java.util.ArrayList<java.lang.Double>();
for (org.drip.capital.simulation.PathPnLRealization pathPnLRealization : _pathPnLRealizationList)
{
grossPnLList.add (
pathPnLRealization.grossPnL()
);
}
return grossPnLList;
}
@Override public org.drip.capital.simulation.EnsemblePnLDistribution ensembleDistribution()
{
java.util.List<java.lang.Double> grossPnLList = new java.util.ArrayList<java.lang.Double>();
java.util.List<java.lang.Double> grossFSPnLList = new java.util.ArrayList<java.lang.Double>();
java.util.List<java.lang.Double> grossSystemicStressPnLList =
new java.util.ArrayList<java.lang.Double>();
java.util.List<java.lang.Double> grossIdiosyncraticStressPnLList =
new java.util.ArrayList<java.lang.Double>();
for (org.drip.capital.simulation.PathPnLRealization pathPnLRealization : _pathPnLRealizationList)
{
grossSystemicStressPnLList.add (
pathPnLRealization.grossSystemicStressPnL()
);
grossIdiosyncraticStressPnLList.add (
pathPnLRealization.grossIdiosyncraticStressPnL()
);
grossFSPnLList.add (
pathPnLRealization.grossFSPnL()
);
grossPnLList.add (
pathPnLRealization.grossPnL()
);
}
try
{
return new org.drip.capital.simulation.EnsemblePnLDistribution (
grossSystemicStressPnLList,
grossIdiosyncraticStressPnLList,
grossFSPnLList,
grossPnLList
);
}
catch (java.lang.Exception e)
{
e.printStackTrace();
}
return null;
}
}