FixFloatAPI.java
package org.drip.service.product;
/*
* -*- 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>FixFloatAPI</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/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/product/README.md">Product Horizon PnL Attribution Decomposition</a></li>
* </ul>
* <br><br>
*
* @author Lakshmi Krishnamurthy
*/
public class FixFloatAPI {
/**
* Compute the Horizon Change Attribution Details for the Specified Fix-Float Swap
*
* @param dcFirst First Day Discount Curve
* @param dcSecond Second Date Discount Curve
* @param mapRollDownDiscountCurve Map of the Roll Down Discount Curve
* @param strMaturityTenor Fix Float Swap Maturity Tenor
*
* @return The Horizon Change Attribution Instance
*/
public static final org.drip.historical.attribution.PositionChangeComponents HorizonChangeAttribution (
final org.drip.state.discount.MergedDiscountForwardCurve dcFirst,
final org.drip.state.discount.MergedDiscountForwardCurve dcSecond,
final
org.drip.analytics.support.CaseInsensitiveHashMap<org.drip.state.discount.MergedDiscountForwardCurve>
mapRollDownDiscountCurve,
final java.lang.String strMaturityTenor)
{
if (null == mapRollDownDiscountCurve || 0 == mapRollDownDiscountCurve.size()) return null;
org.drip.market.otc.FixedFloatSwapConvention ffsc =
org.drip.market.otc.IBORFixedFloatContainer.ConventionFromJurisdiction (dcFirst.currency(),
"ALL", strMaturityTenor, "MAIN");
if (null == ffsc) return null;
int iSettleLag = ffsc.spotLag();
org.drip.analytics.date.JulianDate dtFirst = dcFirst.epoch();
org.drip.product.rates.FixFloatComponent ffc = ffsc.createFixFloatComponent (dtFirst,
strMaturityTenor, 0., 0., 1.);
if (null == ffc) return null;
org.drip.param.market.CurveSurfaceQuoteContainer csqcFirst = new
org.drip.param.market.CurveSurfaceQuoteContainer();
if (!csqcFirst.setFundingState (dcFirst)) return null;
org.drip.param.market.CurveSurfaceQuoteContainer csqcSecond = new
org.drip.param.market.CurveSurfaceQuoteContainer();
if (!csqcSecond.setFundingState (dcSecond)) return null;
org.drip.analytics.support.CaseInsensitiveHashMap<org.drip.param.market.CurveSurfaceQuoteContainer>
mapCSQCRollDown = new
org.drip.analytics.support.CaseInsensitiveHashMap<org.drip.param.market.CurveSurfaceQuoteContainer>();
for (java.lang.String strRollDownTenor : mapRollDownDiscountCurve.keySet()) {
org.drip.param.market.CurveSurfaceQuoteContainer csqcRollDown = new
org.drip.param.market.CurveSurfaceQuoteContainer();
org.drip.state.discount.MergedDiscountForwardCurve dcRollDown = mapRollDownDiscountCurve.get
(strRollDownTenor);
if (null == dcRollDown || !csqcRollDown.setFundingState (dcRollDown)) return null;
mapCSQCRollDown.put (strRollDownTenor, csqcRollDown);
}
try {
double dblSwapRate = ffc.measureValue (org.drip.param.valuation.ValuationParams.Spot
(dtFirst.addBusDays (iSettleLag, ffc.payCurrency()).julian()), null, csqcFirst, null,
"SwapRate");
return org.drip.historical.engine.HorizonChangeExplainExecutor.GenerateAttribution (new
org.drip.historical.engine.FixFloatExplainProcessor (ffsc.createFixFloatComponent (dtFirst,
strMaturityTenor, dblSwapRate, 0., 1.), iSettleLag, "SwapRate", dblSwapRate, dtFirst,
dcSecond.epoch(), csqcFirst, csqcSecond, mapCSQCRollDown));
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
/**
* Generate the Funding Curve Horizon Metrics
*
* @param dtFirst The First Date
* @param dtSecond The Second Date
* @param astrFundingDepositInstrumentTenor Array of Funding Curve Deposit Instrument Maturity Tenors
* @param adblFirstFundingDepositInstrument Array of First Date Funding Curve Deposit Instrument Quotes
* @param adblSecondFundingDepositInstrument Array of Second Date Funding Curve Deposit Instrument Quotes
* @param astrFundingFixFloatTenor Array of Funding Curve Fix Float Instrument Maturity Tenors
* @param adblFirstFundingFixFloat Array of First Date Funding Curve Fix Float Swap Rates
* @param adblSecondFundingFixFloat Array of Second Date Funding Curve Fix Float Swap Rates
* @param strCurrency Funding Currency
* @param strMaturityTenor Maturity Tenor
* @param astrRollDownHorizon Array of the Roll Down Horizon Tenors
* @param iLatentStateType Latent State Type
*
* @return The Funding Curve Horizon Metrics
*/
public static final org.drip.historical.attribution.PositionChangeComponents HorizonChangeAttribution (
final org.drip.analytics.date.JulianDate dtFirst,
final org.drip.analytics.date.JulianDate dtSecond,
final java.lang.String[] astrFundingDepositInstrumentTenor,
final double[] adblFirstFundingDepositInstrument,
final double[] adblSecondFundingDepositInstrument,
final java.lang.String[] astrFundingFixFloatTenor,
final double[] adblFirstFundingFixFloat,
final double[] adblSecondFundingFixFloat,
final java.lang.String strCurrency,
final java.lang.String strMaturityTenor,
final java.lang.String[] astrRollDownHorizon,
final int iLatentStateType)
{
if (null == dtFirst || null == dtSecond || dtFirst.julian() >= dtSecond.julian()) return null;
int iNumFundingDepositInstrument = null == astrFundingDepositInstrumentTenor ? 0 :
astrFundingDepositInstrumentTenor.length;
int iNumFirstFundingDepositInstrument = null == adblFirstFundingDepositInstrument ? 0 :
adblFirstFundingDepositInstrument.length;
int iNumSecondFundingDepositInstrument = null == adblSecondFundingDepositInstrument ? 0 :
adblSecondFundingDepositInstrument.length;
int iNumFundingFixFloat = null == astrFundingFixFloatTenor ? 0 : astrFundingFixFloatTenor.length;
int iNumFirstFundingFixFloat = null == adblFirstFundingFixFloat ? 0 :
adblFirstFundingFixFloat.length;
int iNumSecondFundingFixFloat = null == adblSecondFundingFixFloat ? 0 :
adblSecondFundingFixFloat.length;
int iNumRollDownHorizon = null == astrRollDownHorizon ? 0 : astrRollDownHorizon .length;
org.drip.analytics.support.CaseInsensitiveHashMap<org.drip.state.discount.MergedDiscountForwardCurve>
mapRollDownDiscountCurve = 0 == iNumRollDownHorizon ? null : new
org.drip.analytics.support.CaseInsensitiveHashMap<org.drip.state.discount.MergedDiscountForwardCurve>();
if (0 == iNumFundingDepositInstrument || iNumFundingDepositInstrument !=
iNumFirstFundingDepositInstrument || iNumFundingDepositInstrument !=
iNumSecondFundingDepositInstrument || 0 == iNumFundingFixFloat || iNumFundingFixFloat !=
iNumFirstFundingFixFloat || iNumFundingFixFloat != iNumSecondFundingFixFloat)
return null;
org.drip.state.discount.MergedDiscountForwardCurve dcFirst =
org.drip.service.template.LatentMarketStateBuilder.FundingCurve (dtFirst, strCurrency,
astrFundingDepositInstrumentTenor, adblFirstFundingDepositInstrument, "ForwardRate", null,
"ForwardRate", astrFundingFixFloatTenor, adblFirstFundingFixFloat, "SwapRate",
iLatentStateType);
org.drip.state.discount.MergedDiscountForwardCurve dcSecond =
org.drip.service.template.LatentMarketStateBuilder.FundingCurve (dtSecond, strCurrency,
astrFundingDepositInstrumentTenor, adblSecondFundingDepositInstrument, "ForwardRate", null,
"ForwardRate", astrFundingFixFloatTenor, adblSecondFundingFixFloat, "SwapRate",
iLatentStateType);
org.drip.state.discount.MergedDiscountForwardCurve dcRollDown =
org.drip.service.template.LatentMarketStateBuilder.FundingCurve (dtSecond, strCurrency,
astrFundingDepositInstrumentTenor, adblFirstFundingDepositInstrument, "ForwardRate", null,
"ForwardRate", astrFundingFixFloatTenor, adblFirstFundingFixFloat, "SwapRate",
iLatentStateType);
if (null == dcRollDown) return null;
mapRollDownDiscountCurve.put ("Native", dcRollDown);
for (int j = 0; j < iNumRollDownHorizon; ++j) {
org.drip.state.discount.MergedDiscountForwardCurve dcHorizonRollDown =
org.drip.service.template.LatentMarketStateBuilder.FundingCurve (dtFirst.addTenor
(astrRollDownHorizon[j]), strCurrency, astrFundingDepositInstrumentTenor,
adblFirstFundingDepositInstrument, "ForwardRate", null, "ForwardRate",
astrFundingFixFloatTenor, adblFirstFundingFixFloat, "SwapRate",
iLatentStateType);
if (null == dcHorizonRollDown) return null;
mapRollDownDiscountCurve.put (astrRollDownHorizon[j], dcHorizonRollDown);
}
return HorizonChangeAttribution (dcFirst, dcSecond, mapRollDownDiscountCurve, strMaturityTenor);
}
/**
* Generate the Funding Curve Horizon Metrics
*
* @param adtSpot Array of Spot
* @param iHorizonGap The Horizon Gap
* @param astrFundingDepositInstrumentTenor Array of Funding Curve Deposit Instrument Maturity Tenors
* @param aadblFundingDepositInstrumentQuote Array of Funding Curve Deposit Instrument Forward Rates
* @param astrFundingFixFloatTenor Array of Funding Curve Fix Float Instrument Maturity Tenors
* @param aadblFundingFixFloatQuote Array of Funding Curve Fix Float Instrument Swap Rates
* @param strCurrency Funding Currency
* @param strMaturityTenor Maturity Tenor
* @param astrRollDownHorizon Array of the Roll Down Horizon Tenors
* @param iLatentStateType Latent State Type
*
* @return The Funding Curve Horizon Metrics
*/
public static final java.util.List<org.drip.historical.attribution.PositionChangeComponents>
HorizonChangeAttribution (
final org.drip.analytics.date.JulianDate[] adtSpot,
final int iHorizonGap,
final java.lang.String[] astrFundingDepositInstrumentTenor,
final double[][] aadblFundingDepositInstrumentQuote,
final java.lang.String[] astrFundingFixFloatTenor,
final double[][] aadblFundingFixFloatQuote,
final java.lang.String strCurrency,
final java.lang.String strMaturityTenor,
final java.lang.String[] astrRollDownHorizon,
final int iLatentStateType)
{
if (null == adtSpot || 0 >= iHorizonGap || null == aadblFundingDepositInstrumentQuote || null ==
aadblFundingFixFloatQuote)
return null;
int iNumClose = adtSpot.length;
int iNumRollDownTenor = null == astrRollDownHorizon ? 0 : astrRollDownHorizon.length;
if (0 == iNumClose || iNumClose != aadblFundingDepositInstrumentQuote.length || iNumClose !=
aadblFundingFixFloatQuote.length || 0 == iNumRollDownTenor)
return null;
java.util.List<org.drip.historical.attribution.PositionChangeComponents> lsPCC = new
java.util.ArrayList<org.drip.historical.attribution.PositionChangeComponents>();
for (int i = iHorizonGap; i < iNumClose; ++i) {
org.drip.historical.attribution.PositionChangeComponents pcc = HorizonChangeAttribution
(adtSpot[i - iHorizonGap], adtSpot[i], astrFundingDepositInstrumentTenor,
aadblFundingDepositInstrumentQuote[i - iHorizonGap],
aadblFundingDepositInstrumentQuote[i], astrFundingFixFloatTenor,
aadblFundingFixFloatQuote[i - iHorizonGap], aadblFundingFixFloatQuote[i],
strCurrency, strMaturityTenor, astrRollDownHorizon, iLatentStateType);
if (null != pcc) lsPCC.add (pcc);
}
return lsPCC;
}
}