LatentStateStretchBuilder.java
package org.drip.state.estimator;
/*
* -*- 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>LatentStateStretchBuilder</i> contains the Functionality to construct the Curve Latent State Stretch
* for the different Latent States.
*
* <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/state/README.md">Latent State Inference and Creation Utilities</a></li>
* <li><b>Package</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/state/estimator/README.md">Multi-Pass Customized Stretch Curve</a></li>
* </ul>
* <br><br>
*
* @author Lakshmi Krishnamurthy
*/
public class LatentStateStretchBuilder {
/**
* Construct a Forward Latent State Stretch Spec Instance
*
* @param strName Stretch Name
* @param aCalibComp Array of Calibration Components
* @param astrCalibMeasure Array of the Calibration Measures
* @param adblCalibQuote Array of the Calibration Quotes
*
* @return Forward Latent State Stretch Spec Instance
*/
public static final org.drip.state.inference.LatentStateStretchSpec ForwardStretchSpec (
final java.lang.String strName,
final org.drip.product.definition.CalibratableComponent[] aCalibComp,
final java.lang.String[] astrCalibMeasure,
final double[] adblCalibQuote)
{
if (null == aCalibComp || null == astrCalibMeasure || null == adblCalibQuote) return null;
int iNumComp = aCalibComp.length;
org.drip.state.inference.LatentStateSegmentSpec[] aLSSS = new
org.drip.state.inference.LatentStateSegmentSpec[iNumComp];
if (0 == iNumComp || iNumComp != astrCalibMeasure.length || iNumComp != adblCalibQuote.length)
return null;
try {
for (int i = 0; i < iNumComp; ++i) {
if (null == aCalibComp[i] || null == astrCalibMeasure[i] || astrCalibMeasure[i].isEmpty() ||
!org.drip.numerical.common.NumberUtil.IsValid (adblCalibQuote[i]))
return null;
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.ForwardLabel>
mapForwardLabel = aCalibComp[i].forwardLabel();
if (null == mapForwardLabel || 0 == mapForwardLabel.size()) return null;
org.drip.product.calib.ProductQuoteSet pqs = aCalibComp[i].calibQuoteSet (new
org.drip.state.representation.LatentStateSpecification[] {new
org.drip.state.representation.LatentStateSpecification
(org.drip.analytics.definition.LatentStateStatic.LATENT_STATE_FORWARD,
org.drip.analytics.definition.LatentStateStatic.FORWARD_QM_FORWARD_RATE,
mapForwardLabel.get ("DERIVED"))});
if (null == pqs || !pqs.set (astrCalibMeasure[i], adblCalibQuote[i])) return null;
aLSSS[i] = new org.drip.state.inference.LatentStateSegmentSpec (aCalibComp[i], pqs);
}
return new org.drip.state.inference.LatentStateStretchSpec (strName, aLSSS);
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
/**
* Construct a Merged Forward-Funding Latent State Stretch Spec Instance
*
* @param strName Stretch Name
* @param aCalibComp Array of Calibration Components
* @param astrCalibMeasure Array of the Calibration Measures
* @param adblCalibQuote Array of the Calibration Quotes
*
* @return Merged Forward-Funding Latent State Stretch Spec Instance
*/
public static final org.drip.state.inference.LatentStateStretchSpec ForwardFundingStretchSpec (
final java.lang.String strName,
final org.drip.product.definition.CalibratableComponent[] aCalibComp,
final java.lang.String[] astrCalibMeasure,
final double[] adblCalibQuote)
{
if (null == aCalibComp || null == astrCalibMeasure || null == adblCalibQuote) return null;
int iNumComp = aCalibComp.length;
org.drip.state.inference.LatentStateSegmentSpec[] aLSSS = new
org.drip.state.inference.LatentStateSegmentSpec[iNumComp];
if (0 == iNumComp || iNumComp != astrCalibMeasure.length || iNumComp != adblCalibQuote.length)
return null;
try {
for (int i = 0; i < iNumComp; ++i) {
if (null == aCalibComp[i] || null == astrCalibMeasure[i] || astrCalibMeasure[i].isEmpty() ||
!org.drip.numerical.common.NumberUtil.IsValid (adblCalibQuote[i]))
return null;
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.ForwardLabel>
mapForwardLabel = aCalibComp[i].forwardLabel();
if (null == mapForwardLabel || 0 == mapForwardLabel.size()) return null;
org.drip.product.calib.ProductQuoteSet pqs = aCalibComp[i].calibQuoteSet (new
org.drip.state.representation.LatentStateSpecification[] {new
org.drip.state.representation.LatentStateSpecification
(org.drip.analytics.definition.LatentStateStatic.LATENT_STATE_FUNDING,
org.drip.analytics.definition.LatentStateStatic.DISCOUNT_QM_DISCOUNT_FACTOR,
org.drip.state.identifier.FundingLabel.Standard (aCalibComp[i].payCurrency())), new
org.drip.state.representation.LatentStateSpecification
(org.drip.analytics.definition.LatentStateStatic.LATENT_STATE_FORWARD,
org.drip.analytics.definition.LatentStateStatic.FORWARD_QM_FORWARD_RATE,
mapForwardLabel.get ("DERIVED"))});
if (null == pqs || !pqs.set (astrCalibMeasure[i], adblCalibQuote[i])) return null;
aLSSS[i] = new org.drip.state.inference.LatentStateSegmentSpec (aCalibComp[i], pqs);
}
return new org.drip.state.inference.LatentStateStretchSpec (strName, aLSSS);
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
/**
* Construct a Funding Latent State Stretch Spec Instance
*
* @param strName Stretch Name
* @param aCalibComp Array of Calibration Components
* @param astrCalibMeasure Array of the Calibration Measures
* @param adblCalibQuote Array of the Calibration Quotes
*
* @return Funding Latent State Stretch Spec Instance
*/
public static final org.drip.state.inference.LatentStateStretchSpec FundingStretchSpec (
final java.lang.String strName,
final org.drip.product.definition.CalibratableComponent[] aCalibComp,
final java.lang.String[] astrCalibMeasure,
final double[] adblCalibQuote)
{
if (null == aCalibComp || null == astrCalibMeasure || null == adblCalibQuote) return null;
int iNumComp = aCalibComp.length;
org.drip.state.inference.LatentStateSegmentSpec[] aLSSS = new
org.drip.state.inference.LatentStateSegmentSpec[iNumComp];
if (0 == iNumComp || iNumComp != astrCalibMeasure.length || iNumComp != adblCalibQuote.length)
return null;
try {
for (int i = 0; i < iNumComp; ++i) {
if (null == aCalibComp[i] || null == astrCalibMeasure[i] || astrCalibMeasure[i].isEmpty() ||
!org.drip.numerical.common.NumberUtil.IsValid (adblCalibQuote[i]))
return null;
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.ForwardLabel>
mapForwardLabel = aCalibComp[i].forwardLabel();
if (null == mapForwardLabel || 0 == mapForwardLabel.size()) return null;
org.drip.product.calib.ProductQuoteSet pqs = aCalibComp[i].calibQuoteSet (new
org.drip.state.representation.LatentStateSpecification[] {new
org.drip.state.representation.LatentStateSpecification
(org.drip.analytics.definition.LatentStateStatic.LATENT_STATE_FUNDING,
org.drip.analytics.definition.LatentStateStatic.DISCOUNT_QM_DISCOUNT_FACTOR,
org.drip.state.identifier.FundingLabel.Standard
(aCalibComp[i].payCurrency()))});
if (null == pqs || !pqs.set (astrCalibMeasure[i], adblCalibQuote[i])) return null;
aLSSS[i] = new org.drip.state.inference.LatentStateSegmentSpec (aCalibComp[i], pqs);
}
return new org.drip.state.inference.LatentStateStretchSpec (strName, aLSSS);
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
/**
* Construct a Forward Latent State Stretch Spec Instance
*
* @param strName Stretch Name
* @param aCalibComp Array of Calibration Components
* @param strCalibMeasure The Calibration Measure
* @param adblCalibQuote Array of the Calibration Quotes
*
* @return Forward Latent State Stretch Spec Instance
*/
public static final org.drip.state.inference.LatentStateStretchSpec ForwardStretchSpec (
final java.lang.String strName,
final org.drip.product.definition.CalibratableComponent[] aCalibComp,
final java.lang.String strCalibMeasure,
final double[] adblCalibQuote)
{
if (null == strCalibMeasure || strCalibMeasure.isEmpty() || null == adblCalibQuote) return null;
int iNumComp = adblCalibQuote.length;
java.lang.String[] astrCalibMeasure = new java.lang.String[iNumComp];
for (int i = 0; i < iNumComp; ++i)
astrCalibMeasure[i] = strCalibMeasure;
return ForwardStretchSpec (strName, aCalibComp, astrCalibMeasure, adblCalibQuote);
}
/**
* Construct a Merged Forward-Funding Latent State Stretch Spec Instance
*
* @param strName Stretch Name
* @param aCalibComp Array of Calibration Components
* @param strCalibMeasure The Calibration Measure
* @param adblCalibQuote Array of the Calibration Quotes
*
* @return Merged Forward-Funding Latent State Stretch Spec Instance
*/
public static final org.drip.state.inference.LatentStateStretchSpec ForwardFundingStretchSpec (
final java.lang.String strName,
final org.drip.product.definition.CalibratableComponent[] aCalibComp,
final java.lang.String strCalibMeasure,
final double[] adblCalibQuote)
{
if (null == strCalibMeasure || strCalibMeasure.isEmpty() || null == adblCalibQuote) return null;
int iNumComp = adblCalibQuote.length;
java.lang.String[] astrCalibMeasure = new java.lang.String[iNumComp];
for (int i = 0; i < iNumComp; ++i)
astrCalibMeasure[i] = strCalibMeasure;
return ForwardFundingStretchSpec (strName, aCalibComp, astrCalibMeasure, adblCalibQuote);
}
/**
* Construct a Funding Latent State Stretch Spec Instance
*
* @param strName Stretch Name
* @param aCalibComp Array of Calibration Components
* @param strCalibMeasure The Calibration Measure
* @param adblCalibQuote Array of the Calibration Quotes
*
* @return Funding Latent State Stretch Spec Instance
*/
public static final org.drip.state.inference.LatentStateStretchSpec FundingStretchSpec (
final java.lang.String strName,
final org.drip.product.definition.CalibratableComponent[] aCalibComp,
final java.lang.String strCalibMeasure,
final double[] adblCalibQuote)
{
if (null == strCalibMeasure || strCalibMeasure.isEmpty() || null == adblCalibQuote) return null;
int iNumComp = adblCalibQuote.length;
java.lang.String[] astrCalibMeasure = new java.lang.String[iNumComp];
for (int i = 0; i < iNumComp; ++i)
astrCalibMeasure[i] = strCalibMeasure;
return FundingStretchSpec (strName, aCalibComp, astrCalibMeasure, adblCalibQuote);
}
/**
* Construct an instance of LatentStateStretchSpec for the Construction of the Forward Curve from the
* specified Inputs
*
* @param strName Stretch Name
* @param aCCSP Array of Calibration Cross Currency Swap Pair Instances
* @param valParams The Valuation Parameters
* @param mktParams The Basket Market Parameters to imply the Market Quote Measure
* @param adblBasis Array of the Basis on either the Reference Component or the Derived Component
* @param bBasisOnDerivedComponent TRUE - Apply the Basis on the Derived Component
* @param bBasisOnDerivedStream TRUE - Apply the Basis on the Derived Stream (FALSE - Reference Stream)
*
* @return Instance of LatentStateStretchSpec
*/
public static final org.drip.state.inference.LatentStateStretchSpec ComponentPairForwardStretch (
final java.lang.String strName,
final org.drip.product.fx.ComponentPair[] aCCSP,
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.market.CurveSurfaceQuoteContainer mktParams,
final double[] adblBasis,
final boolean bBasisOnDerivedComponent,
final boolean bBasisOnDerivedStream)
{
if (null == aCCSP || null == mktParams || null == adblBasis) return null;
int iNumCCSP = aCCSP.length;
if (0 == iNumCCSP || adblBasis.length != iNumCCSP) return null;
org.drip.state.inference.LatentStateSegmentSpec[] aSegmentSpec = new
org.drip.state.inference.LatentStateSegmentSpec[iNumCCSP];
for (int i = 0; i < iNumCCSP; ++i) {
if (null == aCCSP[i]) return null;
try {
if (null == (aSegmentSpec[i] = aCCSP[i].derivedForwardSpec (valParams, mktParams,
adblBasis[i], bBasisOnDerivedComponent, bBasisOnDerivedStream)))
return null;
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
}
try {
return new org.drip.state.inference.LatentStateStretchSpec (strName, aSegmentSpec);
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
/**
* Construct an instance of LatentStateStretchSpec for the Construction of the Discount Curve from the
* specified Inputs
*
* @param strName Stretch Name
* @param aCCSP Array of Calibration Cross Currency Swap Pair Instances
* @param valParams The Valuation Parameters
* @param mktParams The Basket Market Parameters to imply the Market Quote Measure
* @param adblReferenceComponentBasis Array of the Reference Component Reference Leg Basis Spread
* @param adblSwapRate Array of the IRS Calibration Swap Rates
* @param bBasisOnDerivedLeg TRUE - Apply the Basis on the Derived Leg (FALSE - Reference Leg)
*
* @return Instance of LatentStateStretchSpec
*/
public static final org.drip.state.inference.LatentStateStretchSpec ComponentPairDiscountStretch (
final java.lang.String strName,
final org.drip.product.fx.ComponentPair[] aCCSP,
final org.drip.param.valuation.ValuationParams valParams,
final org.drip.param.market.CurveSurfaceQuoteContainer mktParams,
final double[] adblReferenceComponentBasis,
final double[] adblSwapRate,
final boolean bBasisOnDerivedLeg)
{
if (null == aCCSP || null == mktParams || null == adblReferenceComponentBasis || null ==
adblSwapRate)
return null;
int iNumCCSP = aCCSP.length;
if (0 == iNumCCSP || adblReferenceComponentBasis.length != iNumCCSP || adblSwapRate.length !=
iNumCCSP)
return null;
org.drip.state.inference.LatentStateSegmentSpec[] aSegmentSpec = new
org.drip.state.inference.LatentStateSegmentSpec[iNumCCSP];
for (int i = 0; i < iNumCCSP; ++i) {
if (null == (aSegmentSpec[i] = aCCSP[i].derivedFundingForwardSpec (valParams, mktParams,
adblReferenceComponentBasis[i], bBasisOnDerivedLeg, adblSwapRate[i])))
return null;
}
try {
return new org.drip.state.inference.LatentStateStretchSpec (strName, aSegmentSpec);
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
/**
* Construct a FX Latent State Stretch Spec Instance
*
* @param strName Stretch Name
* @param aCalibComp Array of Calibration Components
* @param astrCalibMeasure Array of the Calibration Measures
* @param adblCalibQuote Array of the Calibration Quotes
*
* @return FX Latent State Stretch Spec Instance
*/
public static final org.drip.state.inference.LatentStateStretchSpec FXStretchSpec (
final java.lang.String strName,
final org.drip.product.definition.CalibratableComponent[] aCalibComp,
final java.lang.String[] astrCalibMeasure,
final double[] adblCalibQuote)
{
if (null == aCalibComp || null == astrCalibMeasure || null == adblCalibQuote) return null;
int iNumComp = aCalibComp.length;
org.drip.state.inference.LatentStateSegmentSpec[] aLSSS = new
org.drip.state.inference.LatentStateSegmentSpec[iNumComp];
if (0 == iNumComp || iNumComp != astrCalibMeasure.length || iNumComp != adblCalibQuote.length)
return null;
try {
for (int i = 0; i < iNumComp; ++i) {
if (null == aCalibComp[i] || null == astrCalibMeasure[i] || astrCalibMeasure[i].isEmpty() ||
!org.drip.numerical.common.NumberUtil.IsValid (adblCalibQuote[i]))
return null;
org.drip.analytics.support.CaseInsensitiveTreeMap<org.drip.state.identifier.FXLabel>
mapFXLabel = aCalibComp[i].fxLabel();
if (null == mapFXLabel || 0 == mapFXLabel.size()) return null;
org.drip.product.calib.ProductQuoteSet pqs = aCalibComp[i].calibQuoteSet (new
org.drip.state.representation.LatentStateSpecification[] {new
org.drip.state.representation.LatentStateSpecification
(org.drip.analytics.definition.LatentStateStatic.LATENT_STATE_FX,
org.drip.analytics.definition.LatentStateStatic.FX_QM_FORWARD_OUTRIGHT,
mapFXLabel.get ("DERIVED"))});
if (null == pqs || !pqs.set (astrCalibMeasure[i], adblCalibQuote[i])) return null;
aLSSS[i] = new org.drip.state.inference.LatentStateSegmentSpec (aCalibComp[i], pqs);
}
return new org.drip.state.inference.LatentStateStretchSpec (strName, aLSSS);
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
/**
* Construct a FX Latent State Stretch Spec Instance
*
* @param strName Stretch Name
* @param aCalibComp Array of Calibration Components
* @param strCalibMeasure The Calibration Measure
* @param adblCalibQuote Array of the Calibration Quotes
*
* @return FX Latent State Stretch Spec Instance
*/
public static final org.drip.state.inference.LatentStateStretchSpec FXStretchSpec (
final java.lang.String strName,
final org.drip.product.definition.CalibratableComponent[] aCalibComp,
final java.lang.String strCalibMeasure,
final double[] adblCalibQuote)
{
if (null == strCalibMeasure || strCalibMeasure.isEmpty() || null == adblCalibQuote) return null;
int iNumComp = adblCalibQuote.length;
java.lang.String[] astrCalibMeasure = new java.lang.String[iNumComp];
for (int i = 0; i < iNumComp; ++i)
astrCalibMeasure[i] = strCalibMeasure;
return FXStretchSpec (strName, aCalibComp, astrCalibMeasure, adblCalibQuote);
}
}