GovvieCurve.java
package org.drip.state.govvie;
/*
* -*- 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>GovvieCurve</i> is the Stub for the Govvie Curve for the specified Govvie/Treasury.
*
* <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/govvie/README.md">Govvie Latent State Curve Estimator</a></li>
* </ul>
* <br><br>
*
* @author Lakshmi Krishnamurthy
*/
public abstract class GovvieCurve extends org.drip.state.discount.DiscountCurve implements
org.drip.state.govvie.YieldEstimator {
private static final int NUM_DF_QUADRATURES = 5;
private int _iFreq = 2;
private java.lang.String _strCurrency = "";
private java.lang.String _strTreasuryCode = "";
private java.lang.String _strDayCount = "DCAct_Act_UST";
protected int _iEpochDate = java.lang.Integer.MIN_VALUE;
protected org.drip.analytics.input.CurveConstructionInputSet _ccis = null;
protected GovvieCurve (
final int iEpochDate,
final java.lang.String strTreasuryCode,
final java.lang.String strCurrency)
throws java.lang.Exception
{
if (null == (_strTreasuryCode = strTreasuryCode) || _strTreasuryCode.isEmpty() || null ==
(_strCurrency = strCurrency) || _strCurrency.isEmpty())
throw new java.lang.Exception ("GovvieCurve ctr: Invalid Inputs");
_iEpochDate = iEpochDate;
}
@Override public org.drip.analytics.date.JulianDate epoch()
{
return new org.drip.analytics.date.JulianDate (_iEpochDate);
}
@Override public java.lang.String currency()
{
return _strCurrency;
}
@Override public org.drip.state.identifier.LatentStateLabel label()
{
return org.drip.state.identifier.GovvieLabel.Standard (_strTreasuryCode);
}
@Override public double yield (
final org.drip.analytics.date.JulianDate dt)
throws java.lang.Exception
{
if (null == dt) throw new java.lang.Exception ("GovvieCurve::yield => Invalid Inputs");
return yield (dt.julian());
}
@Override public double yield (
final java.lang.String strTenor)
throws java.lang.Exception
{
return yield (epoch().addTenor (strTenor));
}
@Override public double forwardYield (
final int iDate1,
final int iDate2)
throws java.lang.Exception
{
if (iDate1 >= iDate2) throw new java.lang.Exception ("GovvieCurve::forwardYield => Invalid Inputs");
org.drip.analytics.daycount.ActActDCParams aadp =
org.drip.analytics.daycount.ActActDCParams.FromFrequency (_iFreq);
double dblYearFraction = org.drip.analytics.daycount.Convention.YearFraction (iDate1, iDate2,
_strDayCount, false, aadp, _strCurrency);
double dblDF1 = org.drip.analytics.support.Helper.Yield2DF (_iFreq, yield (iDate1),
org.drip.analytics.daycount.Convention.YearFraction (_iEpochDate, iDate1, _strDayCount, false,
aadp, _strCurrency));
double dblDF2 = org.drip.analytics.support.Helper.Yield2DF (_iFreq, yield (iDate2),
org.drip.analytics.daycount.Convention.YearFraction (_iEpochDate, iDate2, _strDayCount, false,
aadp, _strCurrency));
return org.drip.analytics.support.Helper.DF2Yield (
_iFreq,
dblDF2 / dblDF1,
dblYearFraction
);
}
@Override public double df (
final int iDate)
throws java.lang.Exception
{
return org.drip.analytics.support.Helper.Yield2DF (_iFreq, yield (iDate),
org.drip.analytics.daycount.Convention.YearFraction (_iEpochDate, iDate, _strDayCount, false,
org.drip.analytics.daycount.ActActDCParams.FromFrequency (_iFreq), _strCurrency));
}
@Override public double df (
final org.drip.analytics.date.JulianDate dt)
throws java.lang.Exception
{
if (null == dt) throw new java.lang.Exception ("GovvieCurve::df => Invalid Inputs");
return df (dt.julian());
}
@Override public double df (
final java.lang.String strTenor)
throws java.lang.Exception
{
return df (new org.drip.analytics.date.JulianDate (_iEpochDate).addTenor (strTenor));
}
@Override public double effectiveDF (
final int iDate1,
final int iDate2)
throws java.lang.Exception
{
if (iDate1 == iDate2) return df (iDate1);
int iNumQuadratures = 0;
double dblEffectiveDF = 0.;
int iQuadratureWidth = (iDate2 - iDate1) / NUM_DF_QUADRATURES;
if (0 == iQuadratureWidth) iQuadratureWidth = 1;
for (int iDate = iDate1; iDate <= iDate2; iDate += iQuadratureWidth) {
++iNumQuadratures;
dblEffectiveDF += (df (iDate) + df (iDate + iQuadratureWidth));
}
return dblEffectiveDF / (2. * iNumQuadratures);
}
@Override public double effectiveDF (
final org.drip.analytics.date.JulianDate dt1,
final org.drip.analytics.date.JulianDate dt2)
throws java.lang.Exception
{
if (null == dt1 || null == dt2)
throw new java.lang.Exception ("GovvieCurve::effectiveDF => Got null for date");
return effectiveDF (dt1.julian(), dt2.julian());
}
@Override public double effectiveDF (
final java.lang.String strTenor1,
final java.lang.String strTenor2)
throws java.lang.Exception
{
if (null == strTenor1 || strTenor1.isEmpty() || null == strTenor2 || strTenor2.isEmpty())
throw new java.lang.Exception ("GovvieCurve::effectiveDF => Got bad tenor");
org.drip.analytics.date.JulianDate dtStart = epoch();
return effectiveDF (dtStart.addTenor (strTenor1), dtStart.addTenor (strTenor2));
}
@Override public double yieldDF (
final int iDate,
final double dblDCF)
throws java.lang.Exception
{
return org.drip.analytics.support.Helper.Yield2DF (_iFreq, yield (iDate), dblDCF);
}
@Override public boolean setCCIS (
final org.drip.analytics.input.CurveConstructionInputSet ccis)
{
_ccis = ccis;
return true;
}
@Override public org.drip.product.definition.CalibratableComponent[] calibComp()
{
return null;
}
@Override public org.drip.analytics.support.CaseInsensitiveTreeMap<java.lang.Double> manifestMeasure (
final java.lang.String strInstr)
{
return null;
}
@Override public org.drip.state.representation.LatentState parallelShiftManifestMeasure (
final java.lang.String strManifestMeasure,
final double dblShift)
{
return null;
}
@Override public org.drip.state.representation.LatentState shiftManifestMeasure (
final int iSpanIndex,
final java.lang.String strManifestMeasure,
final double dblShift)
{
return null;
}
@Override public org.drip.state.representation.LatentState customTweakManifestMeasure (
final java.lang.String strManifestMeasure,
final org.drip.param.definition.ManifestMeasureTweak rvtp)
{
return null;
}
@Override public org.drip.state.representation.LatentState parallelShiftQuantificationMetric (
final double dblShift)
{
return null;
}
@Override public org.drip.state.representation.LatentState customTweakQuantificationMetric (
final org.drip.param.definition.ManifestMeasureTweak rvtp)
{
return null;
}
/**
* Retrieve the Yield Frequency
*
* @return The Yield Frequency
*/
public int freq()
{
return _iFreq;
}
/**
* Retrieve the Yield Day Count
*
* @return The Yield Day Count
*/
public java.lang.String dayCount()
{
return _strDayCount;
}
/**
* Retrieve the Manifest Measure Jacobian of the Forward Rate to the given date
*
* @param strManifestMeasure Manifest Measure
* @param iDate Date
*
* @return The Manifest Measure Jacobian of the Forward Rate to the given date
*/
public abstract org.drip.numerical.differentiation.WengertJacobian jackDForwardDManifestMeasure (
final java.lang.String strManifestMeasure,
final int iDate);
/**
* Retrieve the Manifest Measure Jacobian of the Forward Rate to the given date
*
* @param strManifestMeasure Manifest Measure
* @param dt Date
*
* @return The Manifest Measure Jacobian of the Forward Rate to the given date
*/
public org.drip.numerical.differentiation.WengertJacobian jackDForwardDManifestMeasure (
final java.lang.String strManifestMeasure,
final org.drip.analytics.date.JulianDate dt)
{
if (null == dt) return null;
return jackDForwardDManifestMeasure (strManifestMeasure, dt.julian());
}
/**
* Retrieve the Manifest Measure Jacobian of the Forward Rate to the date implied by the given Tenor
*
* @param strManifestMeasure Manifest Measure
* @param strTenor Tenor
*
* @return The Manifest Measure Jacobian of the Forward Rate to the date implied by the given Tenor
*/
public org.drip.numerical.differentiation.WengertJacobian jackDForwardDManifestMeasure (
final java.lang.String strManifestMeasure,
final java.lang.String strTenor)
{
if (null == strTenor || strTenor.isEmpty()) return null;
try {
return jackDForwardDManifestMeasure (strManifestMeasure, epoch().addTenor (strTenor));
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return null;
}
}