FixFloatExplainProcessor.java
package org.drip.historical.engine;
/*
* -*- mode: java; tab-width: 4; indent-tabs-mode: nil; c-basic-offset: 4 -*-
*/
/*!
* Copyright (C) 2020 Lakshmi Krishnamurthy
* Copyright (C) 2019 Lakshmi Krishnamurthy
* Copyright (C) 2018 Lakshmi Krishnamurthy
* Copyright (C) 2017 Lakshmi Krishnamurthy
* Copyright (C) 2016 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>FixFloatExplainProcessor</i> contains the Functionality associated with the Horizon Analysis of the Fix
* Float Swap.
*
* <br><br>
* <ul>
* <li><b>Module </b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/ComputationalCore.md">Computational Core Module</a></li>
* <li><b>Library</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/ComputationSupportLibrary.md">Computation Support</a></li>
* <li><b>Project</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/historical/README.md">Historical State Processing Utilities</a></li>
* <li><b>Package</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/historical/engine/README.md">Product Horizon Change Explain Engine</a></li>
* </ul>
*
* @author Lakshmi Krishnamurthy
*/
public class FixFloatExplainProcessor extends org.drip.historical.engine.HorizonChangeExplainProcessor {
/**
* FixFloatExplainProcessor Constructor
*
* @param ffc The Fix Float Component
* @param iSettleLag The Component's Settle Lag
* @param strMarketMeasureName The Market Measure Name
* @param dblMarketMeasureValue The Market Measure Value
* @param dtFirst First Date
* @param dtSecond Second Date
* @param csqcFirst First Market Parameters
* @param csqcSecond Second Market Parameters
* @param mapCSQCRollDown Map of the Roll Down Market Parameters
*
* @throws java.lang.Exception Thrown if the Inputs are Invalid
*/
public FixFloatExplainProcessor (
final org.drip.product.rates.FixFloatComponent ffc,
final int iSettleLag,
final java.lang.String strMarketMeasureName,
final double dblMarketMeasureValue,
final org.drip.analytics.date.JulianDate dtFirst,
final org.drip.analytics.date.JulianDate dtSecond,
final org.drip.param.market.CurveSurfaceQuoteContainer csqcFirst,
final org.drip.param.market.CurveSurfaceQuoteContainer csqcSecond,
final
org.drip.analytics.support.CaseInsensitiveHashMap<org.drip.param.market.CurveSurfaceQuoteContainer>
mapCSQCRollDown)
throws java.lang.Exception
{
super (ffc, iSettleLag, strMarketMeasureName, dblMarketMeasureValue, dtFirst, dtSecond, csqcFirst,
csqcSecond, mapCSQCRollDown);
}
@Override public org.drip.historical.attribution.PositionMarketSnap snapFirstMarketValue()
{
org.drip.analytics.date.JulianDate dtFirst = firstDate();
org.drip.product.rates.FixFloatComponent ffc = (org.drip.product.rates.FixFloatComponent)
component();
java.lang.String strPayCurrency = ffc.payCurrency();
java.util.Map<java.lang.String, java.lang.Double> mapFixFloat = ffc.value
(org.drip.param.valuation.ValuationParams.Spot (dtFirst.addBusDays (settleLag(),
strPayCurrency).julian()), null, firstMarketParameters(), null);
if (null == mapFixFloat || !mapFixFloat.containsKey ("Accrued") || !mapFixFloat.containsKey
("CleanFixedDV01") || !mapFixFloat.containsKey ("CleanFloatingDV01") || !mapFixFloat.containsKey
("CleanPV") || !mapFixFloat.containsKey ("CumulativeCouponAmount") ||
!mapFixFloat.containsKey ("CumulativeCouponDCF") || !mapFixFloat.containsKey
("DerivedCleanPV") || !mapFixFloat.containsKey ("DerivedCumulativeCouponAmount") ||
!mapFixFloat.containsKey ("DerivedCumulativeCouponDCF") ||
!mapFixFloat.containsKey ("ReferenceCleanPV") || !mapFixFloat.containsKey
("ReferenceCumulativeCouponAmount") || !mapFixFloat.containsKey
("ReferenceCumulativeCouponDCF") || !mapFixFloat.containsKey
("SwapRate"))
return null;
double dblCleanPV = mapFixFloat.get ("CleanPV");
double dblSwapRate = mapFixFloat.get ("SwapRate");
double dblSwapRateSensitivity = 10000. * mapFixFloat.get ("CleanFixedDV01");
org.drip.state.identifier.ForwardLabel forwardLabel = ffc.derivedStream().forwardLabel();
org.drip.historical.engine.MarketMeasureRollDown mmrd = rollDownMeasureMap();
if (null == mmrd) return null;
double dblRollDownInnate = mmrd.innate();
org.drip.analytics.support.CaseInsensitiveHashMap<java.lang.Double> mapHorizonMetric =
mmrd.horizon();
try {
org.drip.historical.attribution.PositionMarketSnap pms = new
org.drip.historical.attribution.PositionMarketSnap (dtFirst, dblCleanPV);
if (!pms.setR1 ("Accrued", mapFixFloat.get ("Accrued"))) return null;
if (!pms.setR1 ("CleanFixedDV01", dblSwapRateSensitivity)) return null;
if (!pms.setR1 ("CleanFloatingDV01", 10000. * mapFixFloat.get ("CleanFloatingDV01")))
return null;
if (!pms.setC1 ("CouponCurrency", forwardLabel.currency())) return null;
if (!pms.setR1 ("CumulativeCouponAmount", mapFixFloat.get ("CumulativeCouponAmount")))
return null;
if (!pms.setR1 ("CumulativeCouponDCF", mapFixFloat.get ("CumulativeCouponDCF"))) return null;
if (!pms.setR1 ("DerivedCleanPV", mapFixFloat.get ("DerivedCleanPV"))) return null;
if (!pms.setDate ("EffectiveDate", ffc.effectiveDate())) return null;
if (!pms.setC1 ("FixedAccrualDayCount", ffc.referenceStream().accrualDC())) return null;
if (!pms.setR1 ("FixedCoupon", dblSwapRate)) return null;
if (!pms.setR1 ("FixedCumulativeCouponAmount", mapFixFloat.get
("ReferenceCumulativeCouponAmount")))
return null;
if (!pms.setR1 ("FixedCumulativeCouponDCF", mapFixFloat.get ("ReferenceCumulativeCouponDCF")))
return null;
if (!pms.setC1 ("FloatAccrualDayCount", forwardLabel.floaterIndex().dayCount())) return null;
if (!pms.setR1 ("FloatCumulativeCouponAmount", mapFixFloat.get
("DerivedCumulativeCouponAmount")))
return null;
if (!pms.setR1 ("FloatCumulativeCouponDCF", mapFixFloat.get ("DerivedCumulativeCouponDCF")))
return null;
if (!pms.setC1 ("FloaterLabel", forwardLabel.fullyQualifiedName())) return null;
if (!pms.setDate ("MaturityDate", ffc.maturityDate())) return null;
if (!pms.setC1 ("MaturityTenor", ffc.tenor())) return null;
if (!pms.setC1 ("PayCurrency", strPayCurrency)) return null;
if (!pms.setR1 ("ReferenceCleanPV", mapFixFloat.get ("ReferenceCleanPV"))) return null;
if (!pms.setR1 ("SwapRate", dblSwapRate)) return null;
if (!pms.setR1 ("SwapRateRollDown", dblRollDownInnate)) return null;
for (java.lang.String strRollDownTenor : mapHorizonMetric.keySet()) {
if (!pms.setR1 ("SwapRateRollDown" + strRollDownTenor, mapHorizonMetric.get
(strRollDownTenor)))
return null;
}
if (!pms.addManifestMeasureSnap ("SwapRate", dblSwapRate, -1. * dblSwapRateSensitivity,
dblRollDownInnate))
return null;
return pms;
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
@Override public boolean updateFixings()
{
org.drip.product.rates.FixFloatComponent ffc = (org.drip.product.rates.FixFloatComponent)
component();
org.drip.product.rates.Stream floatingStream = ffc.derivedStream();
int iDate = secondDate().julian();
if (iDate > ffc.maturityDate().julian()) return false;
int iEffectiveDate = ffc.effectiveDate().julian();
if (iDate <= iEffectiveDate) iDate = iEffectiveDate;
org.drip.analytics.cashflow.CompositePeriod cpFixing = floatingStream.containingPeriod (iDate);
if (null == cpFixing) return false;
org.drip.analytics.cashflow.ComposableUnitPeriod cupEnclosing = cpFixing.enclosingCUP (iDate);
if (null == cupEnclosing || !(cupEnclosing instanceof
org.drip.analytics.cashflow.ComposableUnitFloatingPeriod))
return false;
org.drip.param.market.CurveSurfaceQuoteContainer csqcFirst = firstMarketParameters();
org.drip.state.identifier.ForwardLabel forwardLabel = floatingStream.forwardLabel();
int iFixingDate = ((org.drip.analytics.cashflow.ComposableUnitFloatingPeriod)
cupEnclosing).referenceIndexPeriod().fixingDate();
try {
double dblResetFixingRate = cupEnclosing.baseRate (csqcFirst);
return csqcFirst.setFixing (iFixingDate, forwardLabel, dblResetFixingRate) &&
secondMarketParameters().setFixing (iFixingDate, forwardLabel, dblResetFixingRate);
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return false;
}
@Override public org.drip.historical.attribution.PositionMarketSnap snapSecondMarketValue()
{
org.drip.analytics.date.JulianDate dtSecond = secondDate();
org.drip.product.rates.FixFloatComponent ffc = (org.drip.product.rates.FixFloatComponent)
component();
java.util.Map<java.lang.String, java.lang.Double> mapFixFloat = ffc.value
(org.drip.param.valuation.ValuationParams.Spot (dtSecond.addBusDays (settleLag(),
ffc.payCurrency()).julian()), null, secondMarketParameters(), null);
if (null == mapFixFloat || !mapFixFloat.containsKey ("CleanFixedDV01") || !mapFixFloat.containsKey
("CleanPV") || !mapFixFloat.containsKey ("CumulativeCouponAmount") || !mapFixFloat.containsKey
("CumulativeCouponDCF") || !mapFixFloat.containsKey ("DerivedCumulativeCouponAmount") ||
!mapFixFloat.containsKey ("DerivedCumulativeCouponDCF") || !mapFixFloat.containsKey
("ReferenceCumulativeCouponAmount") || !mapFixFloat.containsKey
("ReferenceCumulativeCouponDCF") || !mapFixFloat.containsKey ("ResetDate") ||
!mapFixFloat.containsKey ("ResetRate") || !mapFixFloat.containsKey
("SwapRate"))
return null;
double dblSwapRate = mapFixFloat.get ("SwapRate");
try {
org.drip.historical.attribution.PositionMarketSnap pms = new
org.drip.historical.attribution.PositionMarketSnap (dtSecond, mapFixFloat.get ("CleanPV"));
if (!pms.setR1 ("CumulativeCouponAmount", mapFixFloat.get ("CumulativeCouponAmount")))
return null;
if (!pms.setR1 ("CumulativeCouponDCF", mapFixFloat.get ("CumulativeCouponDCF"))) return null;
if (!pms.setR1 ("FixedCumulativeCouponAmount", mapFixFloat.get
("ReferenceCumulativeCouponAmount")))
return null;
if (!pms.setR1 ("FixedCumulativeCouponDCF", mapFixFloat.get ("ReferenceCumulativeCouponDCF")))
return null;
if (!pms.setR1 ("FloatCumulativeCouponAmount", mapFixFloat.get
("DerivedCumulativeCouponAmount")))
return null;
if (!pms.setR1 ("FloatCumulativeCouponDCF", mapFixFloat.get ("DerivedCumulativeCouponDCF")))
return null;
if (!pms.setDate ("ResetDate", new org.drip.analytics.date.JulianDate ((int) (double)
mapFixFloat.get ("ResetDate"))))
return null;
if (!pms.setR1 ("ResetRate", mapFixFloat.get ("ResetRate"))) return null;
if (!pms.setR1 ("SwapRate", dblSwapRate)) return null;
if (!pms.addManifestMeasureSnap ("SwapRate", dblSwapRate, -10000. * mapFixFloat.get
("CleanFixedDV01"), 0.))
return null;
return pms;
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
@Override public org.drip.analytics.support.CaseInsensitiveHashMap<java.lang.Double>
crossHorizonDifferentialMetrics (
final org.drip.historical.attribution.PositionMarketSnap pmsFirst,
final org.drip.historical.attribution.PositionMarketSnap pmsSecond)
{
if (null == pmsFirst || null == pmsSecond) return null;
org.drip.analytics.support.CaseInsensitiveHashMap<java.lang.Double> mapDifferentialMetric = new
org.drip.analytics.support.CaseInsensitiveHashMap<java.lang.Double>();
org.drip.analytics.date.JulianDate dtEffective = pmsFirst.date ("EffectiveDate");
java.lang.String strFixedAccrualDayCount = pmsFirst.c1 ("FixedAccrualDayCount");
java.lang.String strFloatAccrualDayCount = pmsFirst.c1 ("FloatAccrualDayCount");
java.lang.String strCalendar = pmsFirst.c1 ("PayCurrency");
int iDate1M = dtEffective.addTenor ("1M").julian();
int iDate3M = dtEffective.addTenor ("3M").julian();
int iEffectiveDate = dtEffective.julian();
try {
double dblFixedCumulativeCouponAmount = pmsSecond.r1 ("FixedCumulativeCouponAmount") -
pmsFirst.r1 ("FixedCumulativeCouponAmount");
double dblFixedCumulativeCouponDCF = pmsSecond.r1 ("FixedCumulativeCouponDCF") - pmsFirst.r1
("FixedCumulativeCouponDCF");
double dblFloatCumulativeCouponAmount = pmsSecond.r1 ("FloatCumulativeCouponAmount") -
pmsFirst.r1 ("FloatCumulativeCouponAmount");
double dblFloatCumulativeCouponDCF = pmsSecond.r1 ("FloatCumulativeCouponDCF") - pmsFirst.r1
("FloatCumulativeCouponDCF");
mapDifferentialMetric.put ("CumulativeCouponAmount", pmsSecond.r1 ("CumulativeCouponAmount") -
pmsFirst.r1 ("CumulativeCouponAmount"));
mapDifferentialMetric.put ("CumulativeCouponDCF", pmsSecond.r1 ("CumulativeCouponDCF") -
pmsFirst.r1 ("CumulativeCouponDCF"));
mapDifferentialMetric.put ("EffectiveFixedCouponRate", dblFixedCumulativeCouponAmount /
dblFixedCumulativeCouponDCF);
mapDifferentialMetric.put ("EffectiveFloatCouponRate", dblFloatCumulativeCouponAmount /
dblFloatCumulativeCouponDCF);
mapDifferentialMetric.put ("FixedAccrualDCF1M",
org.drip.analytics.daycount.Convention.YearFraction (iEffectiveDate, iDate1M,
strFixedAccrualDayCount, false, null, strCalendar));
mapDifferentialMetric.put ("FixedAccrualDCF3M",
org.drip.analytics.daycount.Convention.YearFraction (iEffectiveDate, iDate3M,
strFixedAccrualDayCount, false, null, strCalendar));
mapDifferentialMetric.put ("FixedCumulativeCouponAmount", dblFixedCumulativeCouponAmount);
mapDifferentialMetric.put ("FixedCumulativeCouponDCF", dblFixedCumulativeCouponDCF);
mapDifferentialMetric.put ("FloatAccrualDCF1M",
org.drip.analytics.daycount.Convention.YearFraction (iEffectiveDate, iDate1M,
strFloatAccrualDayCount, false, null, strCalendar));
mapDifferentialMetric.put ("FloatAccrualDCF3M",
org.drip.analytics.daycount.Convention.YearFraction (iEffectiveDate, iDate3M,
strFloatAccrualDayCount, false, null, strCalendar));
mapDifferentialMetric.put ("FloatCumulativeCouponAmount", dblFloatCumulativeCouponAmount);
mapDifferentialMetric.put ("FloatCumulativeCouponDCF", dblFloatCumulativeCouponDCF);
return mapDifferentialMetric;
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
}