SingleStreamComponent.java
package org.drip.product.rates;
/*
* -*- 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
* Copyright (C) 2015 Lakshmi Krishnamurthy
* Copyright (C) 2014 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>SingleStreamComponent</i> implements fixed income component that is based off of a single stream.
*
* <br><br>
* <ul>
* <li><b>Module </b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/ProductCore.md">Product Core Module</a></li>
* <li><b>Library</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/FixedIncomeAnalyticsLibrary.md">Fixed Income Analytics</a></li>
* <li><b>Project</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/product/README.md">Product Components/Baskets for Credit, FRA, FX, Govvie, Rates, and Option AssetClasses</a></li>
* <li><b>Package</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/product/rates/README.md">Fixed Income Multi-Stream Components</a></li>
* </ul>
* <br><br>
*
* @author Lakshmi Krishnamurthy
*/
public class SingleStreamComponent extends org.drip.product.definition.CalibratableComponent {
private java.lang.String _strCode = "";
private java.lang.String _strName = "";
private org.drip.product.rates.Stream _stream = null;
private org.drip.param.valuation.CashSettleParams _csp = null;
/**
* SingleStreamComponent constructor
*
* @param strName The Component Name
* @param stream The Single Stream Instance
* @param csp Cash Settle Parameters Instance
*
* @throws java.lang.Exception Thrown if the Inputs are invalid
*/
public SingleStreamComponent (
final java.lang.String strName,
final org.drip.product.rates.Stream stream,
final org.drip.param.valuation.CashSettleParams csp)
throws java.lang.Exception
{
if (null == (_strName = strName) || _strName.isEmpty() || null == (_stream = stream))
throw new java.lang.Exception ("SingleStreamComponent ctr: Invalid Inputs");
_csp = csp;
}
/**
* Retrieve the Stream Instance
*
* @return The Stream Instance
*/
public org.drip.product.rates.Stream stream()
{
return _stream;
}
@Override public java.lang.String name()
{
return _strName;
}
@Override public org.drip.analytics.support.CaseInsensitiveTreeMap<java.lang.String> couponCurrency()
{
org.drip.analytics.support.CaseInsensitiveTreeMap<java.lang.String> mapCouponCurrency = new
org.drip.analytics.support.CaseInsensitiveTreeMap<java.lang.String>();
mapCouponCurrency.put (name(), _stream.couponCurrency());
return mapCouponCurrency;
}
@Override public java.lang.String payCurrency()
{
return _stream.payCurrency();
}
@Override public java.lang.String principalCurrency()
{
return null;
}
@Override public
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.ForwardLabel>
forwardLabel()
{
org.drip.state.identifier.ForwardLabel forwardLabel = _stream.forwardLabel();
if (null == forwardLabel) return null;
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.ForwardLabel>
mapForwardLabel = new
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.ForwardLabel>();
mapForwardLabel.put (
"DERIVED",
forwardLabel
);
return mapForwardLabel;
}
@Override public
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.OTCFixFloatLabel>
otcFixFloatLabel()
{
org.drip.state.identifier.OTCFixFloatLabel otcFixFloatLabel = _stream.otcFixFloatLabel();
if (null == otcFixFloatLabel) return null;
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.OTCFixFloatLabel>
mapOTCFixFloatLabel = new
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.OTCFixFloatLabel>();
mapOTCFixFloatLabel.put (
"DERIVED",
otcFixFloatLabel
);
return mapOTCFixFloatLabel;
}
@Override public org.drip.state.identifier.FundingLabel fundingLabel()
{
return _stream.fundingLabel();
}
@Override public org.drip.state.identifier.GovvieLabel govvieLabel()
{
return org.drip.state.identifier.GovvieLabel.Standard (payCurrency());
}
@Override public org.drip.state.identifier.EntityCDSLabel creditLabel()
{
return _stream.creditLabel();
}
@Override public org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.FXLabel>
fxLabel()
{
org.drip.state.identifier.FXLabel fxLabel = _stream.fxLabel();
if (null == fxLabel) return null;
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.FXLabel> mapFXLabel = new
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.FXLabel>();
mapFXLabel.put (name(), fxLabel);
return mapFXLabel;
}
@Override public
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.VolatilityLabel>
volatilityLabel()
{
return null;
}
@Override public double initialNotional()
throws java.lang.Exception
{
return _stream.initialNotional();
}
@Override public double notional (
final int iDate)
throws java.lang.Exception
{
return _stream.notional (iDate);
}
@Override public double notional (
final int iDate1,
final int iDate2)
throws java.lang.Exception
{
return _stream.notional (iDate1, iDate2);
}
@Override public org.drip.analytics.output.CompositePeriodCouponMetrics couponMetrics (
final int iAccrualEndDate,
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqs)
{
return _stream.coupon (iAccrualEndDate, valParams, csqs);
}
@Override public int freq()
{
return _stream.freq();
}
@Override public org.drip.analytics.date.JulianDate effectiveDate()
{
return _stream.effective();
}
@Override public org.drip.analytics.date.JulianDate maturityDate()
{
return _stream.maturity();
}
@Override public org.drip.analytics.date.JulianDate firstCouponDate()
{
return _stream.firstCouponDate();
}
@Override public java.util.List<org.drip.analytics.cashflow.CompositePeriod> couponPeriods()
{
return _stream.cashFlowPeriod();
}
@Override public org.drip.param.valuation.CashSettleParams cashSettleParams()
{
return _csp;
}
@Override public org.drip.analytics.support.CaseInsensitiveTreeMap<java.lang.Double> value (
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.pricer.CreditPricerParams pricerParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqs,
final org.drip.param.valuation.ValuationCustomizationParams quotingParams)
{
org.drip.analytics.support.CaseInsensitiveTreeMap<java.lang.Double> mapResult = _stream.value
(valParams, pricerParams, csqs, quotingParams);
if (null == mapResult) return null;
mapResult.put ("ForwardRate", mapResult.get ("Rate"));
return mapResult;
}
@Override public java.util.Set<java.lang.String> measureNames()
{
java.util.Set<java.lang.String> setMeasureNames = _stream.availableMeasures();
setMeasureNames.add ("ForwardRate");
return setMeasureNames;
}
@Override public double pv (
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.pricer.CreditPricerParams pricerParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqc,
final org.drip.param.valuation.ValuationCustomizationParams vcp)
throws java.lang.Exception
{
return _stream.pv (valParams, pricerParams, csqc, vcp);
}
@Override public void setPrimaryCode (
final java.lang.String strCode)
{
_strCode = strCode;
}
@Override public java.lang.String primaryCode()
{
return _strCode;
}
@Override public org.drip.numerical.differentiation.WengertJacobian jackDDirtyPVDManifestMeasure (
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.pricer.CreditPricerParams pricerParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqs,
final org.drip.param.valuation.ValuationCustomizationParams quotingParams)
{
if (null == valParams || valParams.valueDate() >= maturityDate().julian() || null == csqs)
return null;
org.drip.state.discount.MergedDiscountForwardCurve dcFunding = csqs.fundingState (fundingLabel());
if (null == dcFunding) return null;
try {
org.drip.analytics.support.CaseInsensitiveTreeMap<java.lang.Double> mapMeasures = value
(valParams, pricerParams, csqs, quotingParams);
if (null == mapMeasures) return null;
int iEffectiveDate = effectiveDate().julian();
double dblDFEffective = dcFunding.df (iEffectiveDate);
double dblDFMaturity = dcFunding.df (maturityDate().julian());
org.drip.numerical.differentiation.WengertJacobian wjDFEffective = dcFunding.jackDDFDManifestMeasure
(iEffectiveDate, "Rate");
org.drip.numerical.differentiation.WengertJacobian wjDFMaturity = dcFunding.jackDDFDManifestMeasure
(maturityDate().julian(), "Rate");
if (null == wjDFEffective || null == wjDFMaturity) return null;
org.drip.numerical.differentiation.WengertJacobian wjPVDFMicroJack = new
org.drip.numerical.differentiation.WengertJacobian (1, wjDFMaturity.numParameters());
for (int i = 0; i < wjDFMaturity.numParameters(); ++i) {
if (!wjPVDFMicroJack.accumulatePartialFirstDerivative (0, i, wjDFMaturity.firstDerivative (0,
i) / dblDFEffective))
return null;
if (!wjPVDFMicroJack.accumulatePartialFirstDerivative (0, i, -wjDFEffective.firstDerivative
(0, i) * dblDFMaturity / dblDFEffective / dblDFEffective))
return null;
}
return wjPVDFMicroJack;
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
@Override public org.drip.numerical.differentiation.WengertJacobian manifestMeasureDFMicroJack (
final java.lang.String strManifestMeasure,
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.pricer.CreditPricerParams pricerParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqs,
final org.drip.param.valuation.ValuationCustomizationParams quotingParams)
{
if (null == valParams || valParams.valueDate() >= maturityDate().julian() || null ==
strManifestMeasure || strManifestMeasure.isEmpty() || null == csqs)
return null;
org.drip.state.discount.MergedDiscountForwardCurve dcFunding = csqs.fundingState (fundingLabel());
if (null == dcFunding) return null;
if ("Rate".equalsIgnoreCase (strManifestMeasure)) {
int iEffectiveDate = effectiveDate().julian();
try {
double dblDFEffective = dcFunding.df (iEffectiveDate);
double dblDFMaturity = dcFunding.df (maturityDate().julian());
org.drip.numerical.differentiation.WengertJacobian wjDFEffective = dcFunding.jackDDFDManifestMeasure
(iEffectiveDate, "Rate");
org.drip.numerical.differentiation.WengertJacobian wjDFMaturity = dcFunding.jackDDFDManifestMeasure
(maturityDate().julian(), "Rate");
if (null == wjDFEffective || null == wjDFMaturity) return null;
org.drip.numerical.differentiation.WengertJacobian wjDFMicroJack = new
org.drip.numerical.differentiation.WengertJacobian (1, wjDFMaturity.numParameters());
for (int i = 0; i < wjDFMaturity.numParameters(); ++i) {
if (!wjDFMicroJack.accumulatePartialFirstDerivative (0, i,
wjDFMaturity.firstDerivative (0, i) / dblDFEffective))
return null;
if (!wjDFMicroJack.accumulatePartialFirstDerivative (0, i, -1. *
wjDFEffective.firstDerivative (0, i) * dblDFMaturity / dblDFEffective /
dblDFEffective))
return null;
}
return wjDFMicroJack;
} catch (java.lang.Exception e) {
e.printStackTrace();
}
}
return null;
}
@Override public org.drip.product.calib.ProductQuoteSet calibQuoteSet (
final org.drip.state.representation.LatentStateSpecification[] aLSS)
{
try {
return new org.drip.product.calib.FloatingStreamQuoteSet (aLSS);
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
@Override public org.drip.state.estimator.PredictorResponseWeightConstraint forwardPRWC (
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.pricer.CreditPricerParams pricerParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqs,
final org.drip.param.valuation.ValuationCustomizationParams vcp,
final org.drip.product.calib.ProductQuoteSet pqs)
{
return _stream.forwardPRWC (valParams, pricerParams, csqs, vcp, pqs);
}
@Override public org.drip.state.estimator.PredictorResponseWeightConstraint fundingPRWC (
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.pricer.CreditPricerParams pricerParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqs,
final org.drip.param.valuation.ValuationCustomizationParams vcp,
final org.drip.product.calib.ProductQuoteSet pqs)
{
return _stream.fundingPRWC (valParams, pricerParams, csqs, vcp, pqs);
}
@Override public org.drip.state.estimator.PredictorResponseWeightConstraint fundingForwardPRWC (
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.pricer.CreditPricerParams pricerParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqs,
final org.drip.param.valuation.ValuationCustomizationParams vcp,
final org.drip.product.calib.ProductQuoteSet pqs)
{
return _stream.fundingForwardPRWC (valParams, pricerParams, csqs, vcp, pqs);
}
@Override public org.drip.state.estimator.PredictorResponseWeightConstraint fxPRWC (
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.pricer.CreditPricerParams pricerParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqs,
final org.drip.param.valuation.ValuationCustomizationParams vcp,
final org.drip.product.calib.ProductQuoteSet pqs)
{
return _stream.fxPRWC (valParams, pricerParams, csqs, vcp, pqs);
}
@Override public org.drip.state.estimator.PredictorResponseWeightConstraint govviePRWC (
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.pricer.CreditPricerParams pricerParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqs,
final org.drip.param.valuation.ValuationCustomizationParams vcp,
final org.drip.product.calib.ProductQuoteSet pqs)
{
return null;
}
@Override public org.drip.state.estimator.PredictorResponseWeightConstraint volatilityPRWC (
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.pricer.CreditPricerParams pricerParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqs,
final org.drip.param.valuation.ValuationCustomizationParams vcp,
final org.drip.product.calib.ProductQuoteSet pqs)
{
return null;
}
@Override public org.drip.analytics.support.CaseInsensitiveTreeMap<java.lang.Double> calibMeasures (
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.pricer.CreditPricerParams pricerParams,
final org.drip.param.market.CurveSurfaceQuoteContainer csqs,
final org.drip.param.valuation.ValuationCustomizationParams quotingParams)
{
return null;
}
}