ExposureAdjustmentAggregator.java
package org.drip.xva.gross;
/*
* -*- 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
*
* 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>ExposureAdjustmentAggregator</i> aggregates across Multiple Exposure/Adjustment Paths belonging to the
* Counter Party. The References are:
*
* <br><br>
* <ul>
* <li>
* Burgard, C., and M. Kjaer (2014): PDE Representations of Derivatives with Bilateral Counter-party
* Risk and Funding Costs <i>Journal of Credit Risk</i> <b>7 (3)</b> 1-19
* </li>
* <li>
* Burgard, C., and M. Kjaer (2014): In the Balance <i>Risk</i> <b>24 (11)</b> 72-75
* </li>
* <li>
* Gregory, J. (2009): Being Two-faced over Counter-party Credit Risk <i>Risk</i> <b>20 (2)</b>
* 86-90
* </li>
* <li>
* Li, B., and Y. Tang (2007): <i>Quantitative Analysis, Derivatives Modeling, and Trading
* Strategies in the Presence of Counter-party Credit Risk for the Fixed Income Market</i>
* <b>World Scientific Publishing</b> Singapore
* </li>
* <li>
* Piterbarg, V. (2010): Funding Beyond Discounting: Collateral Agreements and Derivatives Pricing
* <i>Risk</i> <b>21 (2)</b> 97-102
* </li>
* </ul>
*
* <br><br>
* <ul>
* <li><b>Module </b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/PortfolioCore.md">Portfolio Core Module</a></li>
* <li><b>Library</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/XVAAnalyticsLibrary.md">XVA Analytics Library</a></li>
* <li><b>Project</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/xva/README.md">Valuation Adjustments that account for Collateral, CC Credit/Debt and Funding Overhead</a></li>
* <li><b>Package</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/xva/gross/README.md">XVA Gross Adiabat Exposure Aggregation</a></li>
* </ul>
* <br><br>
*
* @author Lakshmi Krishnamurthy
*/
public class ExposureAdjustmentAggregator
{
private org.drip.xva.gross.PathExposureAdjustment[] _pathExposureAdjustmentArray = null;
/**
* ExposureAdjustmentAggregator Constructor
*
* @param pathExposureAdjustmentArray Array of the Counter Party Group Paths
*
* @throws java.lang.Exception Thrown if the Inputs are Invalid
*/
public ExposureAdjustmentAggregator (
final org.drip.xva.gross.PathExposureAdjustment[] pathExposureAdjustmentArray)
throws java.lang.Exception
{
if (null == (_pathExposureAdjustmentArray = pathExposureAdjustmentArray) ||
0 == _pathExposureAdjustmentArray.length)
{
throw new java.lang.Exception ("ExposureAdjustmentAggregator Constructor => Invalid Inputs");
}
}
/**
* Retrieve the Array of Group Path Exposure Adjustments
*
* @return Array of Group Path Exposure Adjustments
*/
public org.drip.xva.gross.PathExposureAdjustment[] pathExposureAdjustmentArray()
{
return _pathExposureAdjustmentArray;
}
/**
* Retrieve the Array of the Vertex Anchor Dates
*
* @return The Array of the Vertex Anchor Dates
*/
public org.drip.analytics.date.JulianDate[] vertexDates()
{
return _pathExposureAdjustmentArray[0].vertexDates();
}
/**
* Retrieve the Array of Collateralized Exposures
*
* @return The Array of Collateralized Exposures
*/
public double[] collateralizedExposure()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] collateralizedExposure = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedExposure[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathCollateralizedExposure =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedExposure();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedExposure[vertexIndex] += pathCollateralizedExposure[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedExposure[vertexIndex] /= pathCount;
}
return collateralizedExposure;
}
/**
* Retrieve the Array of Collateralized Exposure PV's
*
* @return The Array of Collateralized Exposure PV's
*/
public double[] collateralizedExposurePV()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] collateralizedExposurePV = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedExposurePV[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathCollateralizedExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedExposurePV();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedExposurePV[vertexIndex] += pathCollateralizedExposurePV[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedExposurePV[vertexIndex] /= pathCount;
}
return collateralizedExposurePV;
}
/**
* Retrieve the Array of Uncollateralized Exposures
*
* @return The Array of Uncollateralized Exposures
*/
public double[] uncollateralizedExposure()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] uncollateralizedExposure = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedExposure[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathUncollateralizedExposure =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedExposure();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedExposure[vertexIndex] += pathUncollateralizedExposure[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
uncollateralizedExposure[vertexIndex] /= pathCount;
return uncollateralizedExposure;
}
/**
* Retrieve the Array of Uncollateralized Exposure PV's
*
* @return The Array of Uncollateralized Exposure PV's
*/
public double[] uncollateralizedExposurePV()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] uncollateralizedExposurePV = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedExposurePV[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathUncollateralizedExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedExposurePV();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedExposurePV[vertexIndex] +=
pathUncollateralizedExposurePV[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedExposurePV[vertexIndex] /= pathCount;
}
return uncollateralizedExposurePV;
}
/**
* Retrieve the Array of Collateralized Positive Exposures
*
* @return The Array of Collateralized Positive Exposures
*/
public double[] collateralizedPositiveExposure()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] collateralizedPositiveExposure = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedPositiveExposure[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathCollateralizedPositiveExposure =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedPositiveExposure();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedPositiveExposure[vertexIndex] +=
pathCollateralizedPositiveExposure[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedPositiveExposure[vertexIndex] /= pathCount;
}
return collateralizedPositiveExposure;
}
/**
* Retrieve the Array of Collateralized Positive Exposure PV
*
* @return The Array of Collateralized Positive Exposure PV
*/
public double[] collateralizedPositiveExposurePV()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] collateralizedPositiveExposurePV = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedPositiveExposurePV[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathCollateralizedPositiveExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedPositiveExposurePV();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedPositiveExposurePV[vertexIndex] +=
pathCollateralizedPositiveExposurePV[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedPositiveExposurePV[vertexIndex] /= pathCount;
}
return collateralizedPositiveExposurePV;
}
/**
* Retrieve the Array of Uncollateralized Positive Exposures
*
* @return The Array of Uncollateralized Positive Exposures
*/
public double[] uncollateralizedPositiveExposure()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] uncollateralizedPositiveExposure = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedPositiveExposure[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathUncollateralizedPositiveExposure =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedPositiveExposure();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedPositiveExposure[vertexIndex] +=
pathUncollateralizedPositiveExposure[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedPositiveExposure[vertexIndex] /= pathCount;
}
return uncollateralizedPositiveExposure;
}
/**
* Retrieve the Array of Uncollateralized Positive Exposure PV
*
* @return The Array of Uncollateralized Positive Exposure PV
*/
public double[] uncollateralizedPositiveExposurePV()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] uncollateralizedPositiveExposurePV = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedPositiveExposurePV[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathUncollateralizedPositiveExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedPositiveExposurePV();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedPositiveExposurePV[vertexIndex] +=
pathUncollateralizedPositiveExposurePV[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedPositiveExposurePV[vertexIndex] /= pathCount;
}
return uncollateralizedPositiveExposurePV;
}
/**
* Retrieve the Array of Collateralized Negative Exposures
*
* @return The Array of Collateralized Negative Exposures
*/
public double[] collateralizedNegativeExposure()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] collateralizedNegativeExposure = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedNegativeExposure[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathCollateralizedNegativeExposure =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedNegativeExposure();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedNegativeExposure[vertexIndex] +=
pathCollateralizedNegativeExposure[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedNegativeExposure[vertexIndex] /= pathCount;
}
return collateralizedNegativeExposure;
}
/**
* Retrieve the Array of Collateralized Negative Exposure PV
*
* @return The Array of Collateralized Negative Exposure PV
*/
public double[] collateralizedNegativeExposurePV()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] collateralizedNegativeExposurePV = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedNegativeExposurePV[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathCollateralizedNegativeExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedNegativeExposurePV();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedNegativeExposurePV[vertexIndex] +=
pathCollateralizedNegativeExposurePV[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedNegativeExposurePV[vertexIndex] /= pathCount;
}
return collateralizedNegativeExposurePV;
}
/**
* Retrieve the Array of Uncollateralized Negative Exposures
*
* @return The Array of Uncollateralized Negative Exposures
*/
public double[] uncollateralizedNegativeExposure()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] uncollateralizedNegativeExposure = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedNegativeExposure[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathUncollateralizedNegativeExposure =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedNegativeExposure();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedNegativeExposure[vertexIndex] +=
pathUncollateralizedNegativeExposure[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedNegativeExposure[vertexIndex] /= pathCount;
}
return uncollateralizedNegativeExposure;
}
/**
* Retrieve the Array of Uncollateralized Negative Exposure PV
*
* @return The Array of Uncollateralized Negative Exposure PV
*/
public double[] uncollateralizedNegativeExposurePV()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] uncollateralizedNegativeExposurePV = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedNegativeExposurePV[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathUncollateralizedNegativeExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedNegativeExposurePV();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedNegativeExposurePV[vertexIndex] +=
pathUncollateralizedNegativeExposurePV[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
uncollateralizedNegativeExposurePV[vertexIndex] /= pathCount;
}
return uncollateralizedNegativeExposurePV;
}
/**
* Retrieve the Array of Funding Exposures
*
* @return The Array of Funding Exposures
*/
public double[] fundingExposure()
{
int vertexCount = vertexDates().length;
double[] fundingExposure = new double[vertexCount];
int pathCount = _pathExposureAdjustmentArray.length;
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
fundingExposure[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathFundingExposure = _pathExposureAdjustmentArray[pathIndex].vertexFundingExposure();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
fundingExposure[vertexIndex] += pathFundingExposure[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
fundingExposure[vertexIndex] /= pathCount;
}
return fundingExposure;
}
/**
* Retrieve the Array of Funding Exposure PV
*
* @return The Array of Funding Exposure PV
*/
public double[] fundingExposurePV()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] fundingExposurePV = new double[vertexCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
fundingExposurePV[vertexIndex] = 0.;
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathFundingExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexFundingExposurePV();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
fundingExposurePV[vertexIndex] += pathFundingExposurePV[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
fundingExposurePV[vertexIndex] /= pathCount;
}
return fundingExposurePV;
}
/**
* Retrieve the Expected Bilateral Collateral VA
*
* @return The Expected Bilateral Collateral VA
*/
public org.drip.xva.basel.ValueAdjustment ftdcolva()
{
double ftdcolva = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
try
{
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
ftdcolva += _pathExposureAdjustmentArray[pathIndex].bilateralCollateralAdjustment();
}
}
catch (java.lang.Exception e)
{
e.printStackTrace();
return null;
}
return org.drip.xva.basel.ValueAdjustment.COLVA (ftdcolva / pathCount);
}
/**
* Retrieve the Expected Collateral VA
*
* @return The Expected Collateral VA
*/
public org.drip.xva.basel.ValueAdjustment colva()
{
double colva = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
try
{
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
colva += _pathExposureAdjustmentArray[pathIndex].bilateralCollateralAdjustment();
}
}
catch (java.lang.Exception e)
{
e.printStackTrace();
return null;
}
return org.drip.xva.basel.ValueAdjustment.COLVA (colva / pathCount);
}
/**
* Retrieve the Expected Unilateral CVA
*
* @return The Expected Unilateral CVA
*/
public org.drip.xva.basel.ValueAdjustment ucva()
{
double ucva = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
try
{
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
ucva += _pathExposureAdjustmentArray[pathIndex].unilateralCreditAdjustment();
}
}
catch (java.lang.Exception e)
{
e.printStackTrace();
return null;
}
return org.drip.xva.basel.ValueAdjustment.UCVA (ucva / pathCount);
}
/**
* Retrieve the Expected Bilateral/FTD CVA
*
* @return The Expected Bilateral/FTD CVA
*/
public org.drip.xva.basel.ValueAdjustment ftdcva()
{
double ftdcva = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
try
{
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
ftdcva += _pathExposureAdjustmentArray[pathIndex].bilateralCreditAdjustment();
}
}
catch (java.lang.Exception e)
{
e.printStackTrace();
return null;
}
return org.drip.xva.basel.ValueAdjustment.FTDCVA (ftdcva / pathCount);
}
/**
* Retrieve the Expected CVA
*
* @return The Expected CVA
*/
public org.drip.xva.basel.ValueAdjustment cva()
{
return ftdcva();
}
/**
* Retrieve the Expected CVA Contra-Liability
*
* @return The Expected CVA Contra-Liability
*/
public org.drip.xva.basel.ValueAdjustment cvacl()
{
double cvacl = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
try
{
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
cvacl += _pathExposureAdjustmentArray[pathIndex].contraLiabilityCreditAdjustment();
}
}
catch (java.lang.Exception e)
{
e.printStackTrace();
return null;
}
return org.drip.xva.basel.ValueAdjustment.CVACL (cvacl / pathCount);
}
/**
* Retrieve the Expected Unilateral DVA
*
* @return The Expected Unilateral DVA
*/
public org.drip.xva.basel.ValueAdjustment udva()
{
double udva = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
try {
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
udva += _pathExposureAdjustmentArray[pathIndex].unilateralDebtAdjustment();
}
}
catch (java.lang.Exception e)
{
e.printStackTrace();
return null;
}
return org.drip.xva.basel.ValueAdjustment.DVA (udva / pathCount);
}
/**
* Retrieve the Expected Bilateral DVA
*
* @return The Expected Bilateral DVA
*/
public org.drip.xva.basel.ValueAdjustment ftddva()
{
double ftddva = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
try {
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
ftddva += _pathExposureAdjustmentArray[pathIndex].bilateralDebtAdjustment();
}
}
catch (java.lang.Exception e)
{
e.printStackTrace();
return null;
}
return org.drip.xva.basel.ValueAdjustment.DVA (ftddva / pathCount);
}
/**
* Retrieve the Expected DVA
*
* @return The Expected DVA
*/
public org.drip.xva.basel.ValueAdjustment dva()
{
double dva = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
try {
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
dva += _pathExposureAdjustmentArray[pathIndex].debtAdjustment();
}
}
catch (java.lang.Exception e)
{
e.printStackTrace();
return null;
}
return org.drip.xva.basel.ValueAdjustment.DVA (dva / pathCount);
}
/**
* Retrieve the Expected FVA
*
* @return The Expected FVA
*/
public org.drip.xva.basel.ValueAdjustment fva()
{
double fva = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
try
{
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
fva += _pathExposureAdjustmentArray[pathIndex].fundingValueAdjustment();
}
}
catch (java.lang.Exception e)
{
e.printStackTrace();
return null;
}
return org.drip.xva.basel.ValueAdjustment.FVA (fva / pathCount);
}
/**
* Retrieve the Expected FDA
*
* @return The Expected FDA
*/
public org.drip.xva.basel.ValueAdjustment fda()
{
double fda = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
try
{
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
fda += _pathExposureAdjustmentArray[pathIndex].fundingDebtAdjustment();
}
}
catch (java.lang.Exception e)
{
e.printStackTrace();
return null;
}
return org.drip.xva.basel.ValueAdjustment.FDA (fda / pathCount);
}
/**
* Retrieve the Expected DVA2
*
* @return The Expected DVA2
*/
public org.drip.xva.basel.ValueAdjustment dva2()
{
return fda();
}
/**
* Retrieve the Expected FCA
*
* @return The Expected FCA
*/
public org.drip.xva.basel.ValueAdjustment fca()
{
double fca = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
fca += _pathExposureAdjustmentArray[pathIndex].fundingCostAdjustment();
}
return org.drip.xva.basel.ValueAdjustment.HYBRID (fca / pathCount);
}
/**
* Retrieve the Expected FBA
*
* @return The Expected FBA
*/
public org.drip.xva.basel.ValueAdjustment fba()
{
double fba = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
fba += _pathExposureAdjustmentArray[pathIndex].fundingBenefitAdjustment();
}
return org.drip.xva.basel.ValueAdjustment.HYBRID (fba / pathCount);
}
/**
* Retrieve the Expected SFVA
*
* @return The Expected SFVA
*/
public org.drip.xva.basel.ValueAdjustment sfva()
{
double sfva = 0.;
int pathCount = _pathExposureAdjustmentArray.length;
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
sfva += _pathExposureAdjustmentArray[pathIndex].symmetricFundingValueAdjustment();
}
return org.drip.xva.basel.ValueAdjustment.HYBRID (sfva / pathCount);
}
/**
* Retrieve the Total VA
*
* @return The Total VA
*/
public double total()
{
return cva().amount() + dva().amount() + fva().amount() + colva().amount();
}
/**
* Generate the "Digest" containing the "Thin" Path Statistics
*
* @return The "Digest" containing the "Thin" Path Statistics
*/
public org.drip.xva.gross.ExposureAdjustmentDigest digest()
{
int vertexCount = vertexDates().length;
int pathCount = _pathExposureAdjustmentArray.length;
double[] pathCVA = new double[pathCount];
double[] pathDVA = new double[pathCount];
double[] pathFBA = new double[pathCount];
double[] pathFCA = new double[pathCount];
double[] pathFDA = new double[pathCount];
double[] pathFVA = new double[pathCount];
double[] pathUCVA = new double[pathCount];
double[] pathSFVA = new double[pathCount];
double[] pathCVACL = new double[pathCount];
double[] pathFTDCVA = new double[pathCount];
double[] pathCOLVA = new double[pathCount];
double[] pathTotalVA = new double[pathCount];
double[] pathFTDCOLVA = new double[pathCount];
double[][] fundingExposure = new double[vertexCount][pathCount];
double[][] fundingExposurePV = new double[vertexCount][pathCount];
double[][] collateralizedExposure = new double[vertexCount][pathCount];
double[][] uncollateralizedExposure = new double[vertexCount][pathCount];
double[][] collateralizedExposurePV = new double[vertexCount][pathCount];
double[][] uncollateralizedExposurePV = new double[vertexCount][pathCount];
double[][] collateralizedPositiveExposure = new double[vertexCount][pathCount];
double[][] collateralizedNegativeExposure = new double[vertexCount][pathCount];
double[][] uncollateralizedPositiveExposure = new double[vertexCount][pathCount];
double[][] uncollateralizedNegativeExposure = new double[vertexCount][pathCount];
double[][] collateralizedPositiveExposurePV = new double[vertexCount][pathCount];
double[][] collateralizedNegativeExposurePV = new double[vertexCount][pathCount];
double[][] uncollateralizedPositiveExposurePV = new double[vertexCount][pathCount];
double[][] uncollateralizedNegativeExposurePV = new double[vertexCount][pathCount];
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
collateralizedExposure[vertexIndex][pathIndex] = 0.;
uncollateralizedExposure[vertexIndex][pathIndex] = 0.;
collateralizedExposurePV[vertexIndex][pathIndex] = 0.;
uncollateralizedExposurePV[vertexIndex][pathIndex] = 0.;
collateralizedPositiveExposure[vertexIndex][pathIndex] = 0.;
collateralizedNegativeExposure[vertexIndex][pathIndex] = 0.;
uncollateralizedPositiveExposure[vertexIndex][pathIndex] = 0.;
uncollateralizedNegativeExposure[vertexIndex][pathIndex] = 0.;
collateralizedPositiveExposurePV[vertexIndex][pathIndex] = 0.;
collateralizedNegativeExposurePV[vertexIndex][pathIndex] = 0.;
uncollateralizedPositiveExposurePV[vertexIndex][pathIndex] = 0.;
uncollateralizedNegativeExposurePV[vertexIndex][pathIndex] = 0.;
}
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathCollateralizedExposure =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedExposure();
double[] pathCollateralizedExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedExposurePV();
double[] pathCollateralizedPositiveExposure =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedPositiveExposure();
double[] pathCollateralizedPositiveExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedPositiveExposurePV();
double[] pathCollateralizedNegativeExposure =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedNegativeExposure();
double[] pathCollateralizedNegativeExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedNegativeExposurePV();
double[] pathUncollateralizedExposure =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedExposure();
double[] pathUncollateralizedExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedExposurePV();
double[] pathUncollateralizedPositiveExposure =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedPositiveExposure();
double[] pathUncollateralizedPositiveExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedPositiveExposurePV();
double[] pathUncollateralizedNegativeExposure =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedNegativeExposure();
double[] pathUncollateralizedNegativeExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexUncollateralizedNegativeExposurePV();
double[] pathFundingExposure = _pathExposureAdjustmentArray[pathIndex].vertexFundingExposure();
double[] pathFundingExposurePV =
_pathExposureAdjustmentArray[pathIndex].vertexFundingExposurePV();
try
{
pathCVA[pathIndex] = _pathExposureAdjustmentArray[pathIndex].creditAdjustment();
pathDVA[pathIndex] = _pathExposureAdjustmentArray[pathIndex].debtAdjustment();
pathFCA[pathIndex] = _pathExposureAdjustmentArray[pathIndex].fundingCostAdjustment();
pathFDA[pathIndex] = _pathExposureAdjustmentArray[pathIndex].fundingDebtAdjustment();
pathFVA[pathIndex] = _pathExposureAdjustmentArray[pathIndex].fundingValueAdjustment();
pathFBA[pathIndex] = _pathExposureAdjustmentArray[pathIndex].fundingBenefitAdjustment();
pathUCVA[pathIndex] = _pathExposureAdjustmentArray[pathIndex].unilateralCreditAdjustment();
pathSFVA[pathIndex] =
_pathExposureAdjustmentArray[pathIndex].symmetricFundingValueAdjustment();
pathCVACL[pathIndex] =
_pathExposureAdjustmentArray[pathIndex].contraLiabilityCreditAdjustment();
pathFTDCVA[pathIndex] = _pathExposureAdjustmentArray[pathIndex].bilateralCreditAdjustment();
pathCOLVA[pathIndex] =
_pathExposureAdjustmentArray[pathIndex].bilateralCollateralAdjustment();
pathFTDCOLVA[pathIndex] =
_pathExposureAdjustmentArray[pathIndex].bilateralCollateralAdjustment();
pathTotalVA[pathIndex] = _pathExposureAdjustmentArray[pathIndex].totalAdjustment();
}
catch (java.lang.Exception e)
{
e.printStackTrace();
return null;
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedExposure[vertexIndex][pathIndex] =
pathCollateralizedExposure[vertexIndex];
collateralizedExposurePV[vertexIndex][pathIndex] =
pathCollateralizedExposurePV[vertexIndex];
collateralizedPositiveExposure[vertexIndex][pathIndex] =
pathCollateralizedPositiveExposure[vertexIndex];
collateralizedPositiveExposurePV[vertexIndex][pathIndex] =
pathCollateralizedPositiveExposurePV[vertexIndex];
collateralizedNegativeExposure[vertexIndex][pathIndex] =
pathCollateralizedNegativeExposure[vertexIndex];
collateralizedNegativeExposurePV[vertexIndex][pathIndex] =
pathCollateralizedNegativeExposurePV[vertexIndex];
uncollateralizedExposure[vertexIndex][pathIndex] =
pathUncollateralizedExposure[vertexIndex];
uncollateralizedExposurePV[vertexIndex][pathIndex] =
pathUncollateralizedExposurePV[vertexIndex];
uncollateralizedPositiveExposure[vertexIndex][pathIndex] =
pathUncollateralizedPositiveExposure[vertexIndex];
uncollateralizedPositiveExposurePV[vertexIndex][pathIndex] =
pathUncollateralizedPositiveExposurePV[vertexIndex];
uncollateralizedNegativeExposure[vertexIndex][pathIndex] =
pathUncollateralizedNegativeExposure[vertexIndex];
uncollateralizedNegativeExposurePV[vertexIndex][pathIndex] =
pathUncollateralizedNegativeExposurePV[vertexIndex];
fundingExposure[vertexIndex][pathIndex] = pathFundingExposure[vertexIndex];
fundingExposurePV[vertexIndex][pathIndex] = pathFundingExposurePV[vertexIndex];
}
}
try
{
return new org.drip.xva.gross.ExposureAdjustmentDigest (
pathCOLVA,
pathFTDCOLVA,
pathUCVA,
pathFTDCVA,
pathCVA,
pathCVACL,
pathDVA,
pathFVA,
pathFDA,
pathFCA,
pathFBA,
pathSFVA,
pathTotalVA,
collateralizedExposure,
collateralizedExposurePV,
collateralizedPositiveExposure,
collateralizedPositiveExposurePV,
collateralizedNegativeExposure,
collateralizedNegativeExposurePV,
uncollateralizedExposure,
uncollateralizedExposurePV,
uncollateralizedPositiveExposure,
uncollateralizedPositiveExposurePV,
uncollateralizedNegativeExposure,
uncollateralizedNegativeExposurePV,
fundingExposure,
fundingExposurePV
);
}
catch (java.lang.Exception e)
{
e.printStackTrace();
}
return null;
}
/**
* Generate the Basel Exposure Digest
*
* @param standardizedExposureGeneratorScheme The Standardized Basel Exposure Generation Scheme
*
* @return The Basel Exposure Digest
*/
public org.drip.xva.gross.BaselExposureDigest baselExposureDigest (
final org.drip.xva.settings.StandardizedExposureGeneratorScheme standardizedExposureGeneratorScheme)
{
if (null == standardizedExposureGeneratorScheme)
{
return null;
}
org.drip.analytics.date.JulianDate[] vertexJulianDateArray = vertexDates();
int vertexCount = vertexJulianDateArray.length;
int[] vertexDateArray = new int[vertexCount];
int pathCount = _pathExposureAdjustmentArray.length;
double[] collateralizedPositiveExposure = new double[vertexCount];
double[] effectiveCollateralizedPositiveExposure = new double[vertexCount];
org.drip.spline.params.SegmentCustomBuilderControl[] collateralizedExposureSegmentBuilderControlArray
= new org.drip.spline.params.SegmentCustomBuilderControl[vertexCount - 1];
org.drip.spline.params.SegmentCustomBuilderControl[]
collateralizedPositiveExposureSegmentBuilderControlArray = new
org.drip.spline.params.SegmentCustomBuilderControl[vertexCount - 1];
org.drip.spline.params.SegmentCustomBuilderControl collateralizedExposureSegmentBuilderControl =
standardizedExposureGeneratorScheme.collateralizedExposureSegmentBuilderControl();
org.drip.spline.params.SegmentCustomBuilderControl
collateralizedPositiveExposureSegmentBuilderControl =
standardizedExposureGeneratorScheme.collateralizedPositiveExposureSegmentBuilderControl();
for (int i = 0; i < vertexCount - 1; ++i)
{
collateralizedExposureSegmentBuilderControlArray[i] =
collateralizedExposureSegmentBuilderControl;
collateralizedPositiveExposureSegmentBuilderControlArray[i] =
collateralizedPositiveExposureSegmentBuilderControl;
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedPositiveExposure[vertexIndex] = 0.;
vertexDateArray[vertexIndex] = vertexJulianDateArray[vertexIndex].julian();
}
for (int pathIndex = 0; pathIndex < pathCount; ++pathIndex)
{
double[] pathCollateralizedPositiveExposure =
_pathExposureAdjustmentArray[pathIndex].vertexCollateralizedPositiveExposure();
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedPositiveExposure[vertexIndex] +=
pathCollateralizedPositiveExposure[vertexIndex];
}
}
for (int vertexIndex = 0; vertexIndex < vertexCount; ++vertexIndex)
{
collateralizedPositiveExposure[vertexIndex] /= pathCount;
if (0 == vertexIndex)
{
effectiveCollateralizedPositiveExposure[0] = collateralizedPositiveExposure[0];
}
else
{
effectiveCollateralizedPositiveExposure[vertexIndex] =
collateralizedPositiveExposure[vertexIndex] >
effectiveCollateralizedPositiveExposure[vertexIndex - 1] ?
collateralizedPositiveExposure[vertexIndex] :
effectiveCollateralizedPositiveExposure[vertexIndex - 1];
}
}
try
{
org.drip.spline.stretch.MultiSegmentSequence multiSegmentSequenceCollateralizedPositiveExposure =
org.drip.spline.stretch.MultiSegmentSequenceBuilder.CreateCalibratedStretchEstimator (
"CollateralizedPositiveExposure",
vertexDateArray,
collateralizedPositiveExposure,
collateralizedExposureSegmentBuilderControlArray,
null,
org.drip.spline.stretch.BoundarySettings.NaturalStandard(),
org.drip.spline.stretch.MultiSegmentSequence.CALIBRATE
);
org.drip.spline.stretch.MultiSegmentSequence
multiSegmentSequenceEffectiveCollateralizedPositiveExposure =
org.drip.spline.stretch.MultiSegmentSequenceBuilder.CreateCalibratedStretchEstimator (
"EffectiveCollateralizedPositiveExposure",
vertexDateArray,
effectiveCollateralizedPositiveExposure,
collateralizedPositiveExposureSegmentBuilderControlArray,
null,
org.drip.spline.stretch.BoundarySettings.NaturalStandard(),
org.drip.spline.stretch.MultiSegmentSequence.CALIBRATE
);
if (null == multiSegmentSequenceCollateralizedPositiveExposure ||
null == multiSegmentSequenceEffectiveCollateralizedPositiveExposure)
{
return null;
}
int exposureGeneratorTimeIntegrand = standardizedExposureGeneratorScheme.timeIntegrand();
int integrandFinishDate = vertexDateArray[0] + exposureGeneratorTimeIntegrand;
double effectiveExpectedPositiveExposure =
multiSegmentSequenceEffectiveCollateralizedPositiveExposure.toAU().integrate (
vertexDateArray[0],
integrandFinishDate
) / exposureGeneratorTimeIntegrand;
return new BaselExposureDigest (
collateralizedPositiveExposure[0],
multiSegmentSequenceCollateralizedPositiveExposure.toAU().integrate (
vertexDateArray[0],
integrandFinishDate
) / exposureGeneratorTimeIntegrand,
effectiveCollateralizedPositiveExposure[vertexCount - 1],
effectiveExpectedPositiveExposure,
effectiveExpectedPositiveExposure * standardizedExposureGeneratorScheme.eadMultiplier()
);
}
catch (java.lang.Exception e)
{
e.printStackTrace();
}
return null;
}
}