LatentStateProcessor.java
package org.drip.service.json;
/*
* -*- 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
*
* 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>LatentStateProcessor</i> Sets Up and Executes a JSON Based In/Out Curve Processor.
*
* <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/service/README.md">Environment, Product/Definition Containers, and Scenario/State Manipulation APIs</a></li>
* <li><b>Package</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/service/json/README.md">JSON Based Valuation Request Service</a></li>
* </ul>
* <br><br>
*
* @author Lakshmi Krishnamurthy
*/
public class LatentStateProcessor {
static final org.drip.state.discount.MergedDiscountForwardCurve FundingCurve (
final org.drip.json.simple.JSONObject jsonParameter)
{
org.drip.analytics.date.JulianDate dtSpot = org.drip.json.parser.Converter.DateEntry (jsonParameter,
"SpotDate");
java.lang.String strCurrency = org.drip.json.parser.Converter.StringEntry (jsonParameter,
"Currency");
java.lang.String[] astrDepositMaturityTenor = org.drip.json.parser.Converter.StringArrayEntry
(jsonParameter, "DepositTenor");
double[] adblDepositQuote = org.drip.json.parser.Converter.DoubleArrayEntry (jsonParameter,
"DepositQuote");
double[] adblFuturesQuote = org.drip.json.parser.Converter.DoubleArrayEntry (jsonParameter,
"FuturesQuote");
java.lang.String[] astrFixFloatMaturityTenor = org.drip.json.parser.Converter.StringArrayEntry
(jsonParameter, "FixFloatTenor");
double[] adblFixFloatQuote = org.drip.json.parser.Converter.DoubleArrayEntry (jsonParameter,
"FixFloatQuote");
return org.drip.service.template.LatentMarketStateBuilder.SmoothFundingCurve (dtSpot, strCurrency,
astrDepositMaturityTenor, adblDepositQuote, "ForwardRate", adblFuturesQuote, "ForwardRate",
astrFixFloatMaturityTenor, adblFixFloatQuote, "SwapRate");
}
static final org.drip.state.govvie.GovvieCurve TreasuryCurve (
final org.drip.json.simple.JSONObject jsonParameter)
{
org.drip.analytics.date.JulianDate dtSpot = org.drip.json.parser.Converter.DateEntry (jsonParameter,
"SpotDate");
java.lang.String strCode = org.drip.json.parser.Converter.StringEntry (jsonParameter,
"TreasuryCode");
java.lang.String[] astrTenor = org.drip.json.parser.Converter.StringArrayEntry (jsonParameter,
"TreasuryTenor");
double[] adblYield = org.drip.json.parser.Converter.DoubleArrayEntry (jsonParameter,
"TreasuryYield");
int iNumTenor = null == adblYield ? 0 : adblYield.length;
double[] adblCoupon = 0 == iNumTenor ? null : new double[iNumTenor];
org.drip.analytics.date.JulianDate[] adtMaturity = 0 == iNumTenor ? null : new
org.drip.analytics.date.JulianDate[iNumTenor];
org.drip.analytics.date.JulianDate[] adtEffective = 0 == iNumTenor ? null : new
org.drip.analytics.date.JulianDate[iNumTenor];
for (int i = 0; i < iNumTenor; ++i) {
adblCoupon[i] = adblYield[i];
adtMaturity[i] = (adtEffective[i] = dtSpot).addTenor (astrTenor[i]);
}
return org.drip.service.template.LatentMarketStateBuilder.GovvieCurve (strCode, dtSpot, adtEffective,
adtMaturity, adblCoupon, adblYield, "Yield",
org.drip.service.template.LatentMarketStateBuilder.SHAPE_PRESERVING);
}
static final org.drip.state.credit.CreditCurve CreditCurve (
final org.drip.json.simple.JSONObject jsonParameter,
final org.drip.state.discount.MergedDiscountForwardCurve dcFunding)
{
if (null == dcFunding) return null;
java.lang.String strReferenceEntity = org.drip.json.parser.Converter.StringEntry (jsonParameter,
"ReferenceEntity");
java.lang.String[] astrCDSMaturityTenor = org.drip.json.parser.Converter.StringArrayEntry
(jsonParameter, "CDSTenor");
double[] adblCDSQuote = org.drip.json.parser.Converter.DoubleArrayEntry (jsonParameter, "CDSQuote");
return org.drip.service.template.LatentMarketStateBuilder.CreditCurve (dcFunding.epoch(),
strReferenceEntity, astrCDSMaturityTenor, adblCDSQuote, adblCDSQuote, "FairPremium", dcFunding);
}
/**
* JSON Based in/out Funding Curve Sample
*
* @param jsonParameter JSON Funding Curve Request Parameters
*
* @return JSON Funding Curve Response
*/
@SuppressWarnings ("unchecked") static final org.drip.json.simple.JSONObject FundingCurveThunker (
final org.drip.json.simple.JSONObject jsonParameter)
{
org.drip.analytics.date.JulianDate dtSpot = org.drip.json.parser.Converter.DateEntry (jsonParameter,
"SpotDate");
java.lang.String strCurrency = org.drip.json.parser.Converter.StringEntry (jsonParameter,
"Currency");
java.lang.String[] astrDepositMaturityTenor = org.drip.json.parser.Converter.StringArrayEntry
(jsonParameter, "DepositTenor");
double[] adblDepositQuote = org.drip.json.parser.Converter.DoubleArrayEntry (jsonParameter,
"DepositQuote");
double[] adblFuturesQuote = org.drip.json.parser.Converter.DoubleArrayEntry (jsonParameter,
"FuturesQuote");
java.lang.String[] astrFixFloatMaturityTenor = org.drip.json.parser.Converter.StringArrayEntry
(jsonParameter, "FixFloatTenor");
double[] adblFixFloatQuote = org.drip.json.parser.Converter.DoubleArrayEntry (jsonParameter,
"FixFloatQuote");
org.drip.state.discount.MergedDiscountForwardCurve dcFunding =
org.drip.service.template.LatentMarketStateBuilder.SmoothFundingCurve (dtSpot, strCurrency,
astrDepositMaturityTenor, adblDepositQuote, "ForwardRate", adblFuturesQuote, "ForwardRate",
astrFixFloatMaturityTenor, adblFixFloatQuote, "SwapRate");
if (null == dcFunding) return null;
int iNumDeposit = null == adblDepositQuote ? 0 : adblDepositQuote.length;
int iNumFutures = null == adblFuturesQuote ? 0 : adblFuturesQuote.length;
int iNumFixFloat = null == adblFixFloatQuote ? 0 : adblFixFloatQuote.length;
org.drip.json.simple.JSONArray jsonDepositArray = new org.drip.json.simple.JSONArray();
for (int i = 0; i < iNumDeposit; ++i) {
org.drip.json.simple.JSONObject jsonDeposit = new org.drip.json.simple.JSONObject();
jsonDeposit.put ("InstrumentType", "DEPOSIT");
jsonDeposit.put ("MaturityTenor", astrDepositMaturityTenor[i]);
jsonDeposit.put ("InstrumentQuote", adblDepositQuote[i]);
jsonDeposit.put ("CalibrationMeasure", "ForwardRate");
try {
jsonDeposit.put ("DiscountFactor", dcFunding.df (astrDepositMaturityTenor[i]));
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
jsonDepositArray.add (i, jsonDeposit);
}
org.drip.json.simple.JSONArray jsonFuturesArray = new org.drip.json.simple.JSONArray();
for (int i = 0; i < iNumFutures; ++i) {
org.drip.json.simple.JSONObject jsonFutures = new org.drip.json.simple.JSONObject();
jsonFutures.put ("InstrumentType", "FUTURES");
jsonFutures.put ("InstrumentQuote", adblFuturesQuote[i]);
jsonFutures.put ("CalibrationMeasure", "ForwardRate");
try {
jsonFutures.put ("DiscountFactor", dcFunding.df ((3 + 3 * i) + "M"));
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
jsonFuturesArray.add (i, jsonFutures);
}
org.drip.json.simple.JSONArray jsonFixFloatArray = new org.drip.json.simple.JSONArray();
for (int i = 0; i < iNumFixFloat; ++i) {
org.drip.json.simple.JSONObject jsonFixFloat = new org.drip.json.simple.JSONObject();
jsonFixFloat.put ("InstrumentType", "FIXFLOAT");
jsonFixFloat.put ("MaturityTenor", astrFixFloatMaturityTenor[i]);
jsonFixFloat.put ("InstrumentQuote", adblFixFloatQuote[i]);
jsonFixFloat.put ("CalibrationMeasure", "SwapRate");
try {
jsonFixFloat.put ("DiscountFactor", dcFunding.df (astrFixFloatMaturityTenor[i]));
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
jsonFixFloatArray.add (i, jsonFixFloat);
}
org.drip.json.simple.JSONObject jsonResponse = new org.drip.json.simple.JSONObject();
jsonResponse.put ("SpotDate", dtSpot.toString());
jsonResponse.put ("Currency", strCurrency);
jsonResponse.put ("FundingLabel", dcFunding.label().fullyQualifiedName());
jsonResponse.put ("DepositMetrics", jsonDepositArray);
jsonResponse.put ("FuturesMetrics", jsonFuturesArray);
jsonResponse.put ("FixFloatMetrics", jsonFixFloatArray);
return jsonResponse;
}
/**
* JSON Based in/out Credit Curve Sample
*
* @param jsonParameter JSON Credit Curve Request Parameters
*
* @return JSON Credit Curve Response
*/
@SuppressWarnings ("unchecked") static final org.drip.json.simple.JSONObject CreditCurveThunker (
final org.drip.json.simple.JSONObject jsonParameter)
{
org.drip.state.discount.MergedDiscountForwardCurve dcFunding = FundingCurve (jsonParameter);
if (null == dcFunding) return null;
java.lang.String strReferenceEntity = org.drip.json.parser.Converter.StringEntry (jsonParameter,
"ReferenceEntity");
java.lang.String[] astrCDSMaturityTenor = org.drip.json.parser.Converter.StringArrayEntry
(jsonParameter, "CDSTenor");
double[] adblCDSQuote = org.drip.json.parser.Converter.DoubleArrayEntry (jsonParameter, "CDSQuote");
org.drip.analytics.date.JulianDate dtSpot = dcFunding.epoch();
org.drip.state.credit.CreditCurve ccSurvivalRecovery =
org.drip.service.template.LatentMarketStateBuilder.CreditCurve (dtSpot, strReferenceEntity,
astrCDSMaturityTenor, adblCDSQuote, adblCDSQuote, "FairPremium", dcFunding);
if (null == ccSurvivalRecovery) return null;
int iNumCDS = null == adblCDSQuote ? 0 : adblCDSQuote.length;
String strLatentStateLabel = ccSurvivalRecovery.label().fullyQualifiedName();
org.drip.json.simple.JSONArray jsonCDSArray = new org.drip.json.simple.JSONArray();
for (int i = 0; i < iNumCDS; ++i) {
org.drip.json.simple.JSONObject jsonCDS = new org.drip.json.simple.JSONObject();
jsonCDS.put ("ReferenceEntity", strLatentStateLabel);
jsonCDS.put ("InstrumentType", "CDS");
jsonCDS.put ("MaturityTenor", astrCDSMaturityTenor[i]);
jsonCDS.put ("InstrumentQuote", adblCDSQuote[i]);
jsonCDS.put ("CalibrationMeasure", "FairPremium");
try {
jsonCDS.put ("SurvivalProbability", ccSurvivalRecovery.survival (astrCDSMaturityTenor[i]));
jsonCDS.put ("Recovery", ccSurvivalRecovery.recovery (astrCDSMaturityTenor[i]));
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
jsonCDSArray.add (i, jsonCDS);
}
org.drip.json.simple.JSONObject jsonResponse = new org.drip.json.simple.JSONObject();
jsonResponse.put ("SpotDate", dtSpot.toString());
jsonResponse.put ("Currency", dcFunding.currency());
jsonResponse.put ("ReferenceEntity", strReferenceEntity);
jsonResponse.put ("CreditLabel", strLatentStateLabel);
jsonResponse.put ("FundingLabel", dcFunding.label().fullyQualifiedName());
jsonResponse.put ("CDSMetrics", jsonCDSArray);
return jsonResponse;
}
}