Feature/add regional market cluster risk for emerging markets (#4291)

* Add regional market cluster risk for emerging markets

* Update changelog

CHANGELOG.md

@@ -9,6 +9,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ### Added
 
+- Added a new static portfolio analysis rule: _Regional Market Cluster Risk_ (Emerging Markets)
 - Added a new static portfolio analysis rule: _Regional Market Cluster Risk_ (Europe)
 - Added a link to _Duck.ai_ to the _Copy AI prompt to clipboard_ action on the analysis page (experimental)
 - Extracted the tags selector to a reusable component used in the create or update activity dialog and holding detail dialog

apps/api/src/app/portfolio/portfolio.service.ts

@@ -15,6 +15,7 @@ import { EconomicMarketClusterRiskDevelopedMarkets } from '@ghostfolio/api/model
 import { EconomicMarketClusterRiskEmergingMarkets } from '@ghostfolio/api/models/rules/economic-market-cluster-risk/emerging-markets';
 import { EmergencyFundSetup } from '@ghostfolio/api/models/rules/emergency-fund/emergency-fund-setup';
 import { FeeRatioInitialInvestment } from '@ghostfolio/api/models/rules/fees/fee-ratio-initial-investment';
+import { RegionalMarketClusterRiskEmergingMarkets } from '@ghostfolio/api/models/rules/regional-market-cluster-risk/emerging-markets';
 import { RegionalMarketClusterRiskEurope } from '@ghostfolio/api/models/rules/regional-market-cluster-risk/europe';
 import { RegionalMarketClusterRiskNorthAmerica } from '@ghostfolio/api/models/rules/regional-market-cluster-risk/north-america';
 import { DataProviderService } from '@ghostfolio/api/services/data-provider/data-provider.service';
@@ -1279,6 +1280,11 @@ export class PortfolioService {
         summary.ordersCount > 0
           ? await this.rulesService.evaluate(
               [
+                new RegionalMarketClusterRiskEmergingMarkets(
+                  this.exchangeRateDataService,
+                  marketsAdvancedTotalInBaseCurrency,
+                  marketsAdvanced.emergingMarkets.valueInBaseCurrency
+                ),
                 new RegionalMarketClusterRiskEurope(
                   this.exchangeRateDataService,
                   marketsAdvancedTotalInBaseCurrency,

apps/api/src/app/user/user.service.ts

@@ -13,6 +13,7 @@ import { EconomicMarketClusterRiskDevelopedMarkets } from '@ghostfolio/api/model
 import { EconomicMarketClusterRiskEmergingMarkets } from '@ghostfolio/api/models/rules/economic-market-cluster-risk/emerging-markets';
 import { EmergencyFundSetup } from '@ghostfolio/api/models/rules/emergency-fund/emergency-fund-setup';
 import { FeeRatioInitialInvestment } from '@ghostfolio/api/models/rules/fees/fee-ratio-initial-investment';
+import { RegionalMarketClusterRiskEmergingMarkets } from '@ghostfolio/api/models/rules/regional-market-cluster-risk/emerging-markets';
 import { RegionalMarketClusterRiskEurope } from '@ghostfolio/api/models/rules/regional-market-cluster-risk/europe';
 import { RegionalMarketClusterRiskNorthAmerica } from '@ghostfolio/api/models/rules/regional-market-cluster-risk/north-america';
 import { ConfigurationService } from '@ghostfolio/api/services/configuration/configuration.service';
@@ -271,6 +272,12 @@ export class UserService {
         undefined,
         undefined
       ).getSettings(user.Settings.settings),
+      RegionalMarketClusterRiskEmergingMarkets:
+        new RegionalMarketClusterRiskEmergingMarkets(
+          undefined,
+          undefined,
+          undefined
+        ).getSettings(user.Settings.settings),
       RegionalMarketClusterRiskEurope: new RegionalMarketClusterRiskEurope(
         undefined,
         undefined,

apps/api/src/models/rules/regional-market-cluster-risk/emerging-markets.ts

@@ -0,0 +1,79 @@
+import { Rule } from '@ghostfolio/api/models/rule';
+import { ExchangeRateDataService } from '@ghostfolio/api/services/exchange-rate-data/exchange-rate-data.service';
+import { UserSettings } from '@ghostfolio/common/interfaces';
+
+import { Settings } from './interfaces/rule-settings.interface';
+
+export class RegionalMarketClusterRiskEmergingMarkets extends Rule<Settings> {
+  private currentValueInBaseCurrency: number;
+  private emergingMarketsValueInBaseCurrency: number;
+
+  public constructor(
+    protected exchangeRateDataService: ExchangeRateDataService,
+    currentValueInBaseCurrency: number,
+    emergingMarketsValueInBaseCurrency: number
+  ) {
+    super(exchangeRateDataService, {
+      key: RegionalMarketClusterRiskEmergingMarkets.name,
+      name: 'Emerging Markets'
+    });
+
+    this.currentValueInBaseCurrency = currentValueInBaseCurrency;
+    this.emergingMarketsValueInBaseCurrency =
+      emergingMarketsValueInBaseCurrency;
+  }
+
+  public evaluate(ruleSettings: Settings) {
+    const emergingMarketsValueRatio = this.currentValueInBaseCurrency
+      ? this.emergingMarketsValueInBaseCurrency /
+        this.currentValueInBaseCurrency
+      : 0;
+
+    if (emergingMarketsValueRatio > ruleSettings.thresholdMax) {
+      return {
+        evaluation: `The Emerging Markets contribution of your current investment (${(emergingMarketsValueRatio * 100).toPrecision(3)}%) exceeds ${(
+          ruleSettings.thresholdMax * 100
+        ).toPrecision(3)}%`,
+        value: false
+      };
+    } else if (emergingMarketsValueRatio < ruleSettings.thresholdMin) {
+      return {
+        evaluation: `The Emerging Markets contribution of your current investment (${(emergingMarketsValueRatio * 100).toPrecision(3)}%) is below ${(
+          ruleSettings.thresholdMin * 100
+        ).toPrecision(3)}%`,
+        value: false
+      };
+    }
+
+    return {
+      evaluation: `The Emerging Markets contribution of your current investment (${(emergingMarketsValueRatio * 100).toPrecision(3)}%) is within the range of ${(
+        ruleSettings.thresholdMin * 100
+      ).toPrecision(
+        3
+      )}% and ${(ruleSettings.thresholdMax * 100).toPrecision(3)}%`,
+      value: true
+    };
+  }
+
+  public getConfiguration() {
+    return {
+      threshold: {
+        max: 1,
+        min: 0,
+        step: 0.01,
+        unit: '%'
+      },
+      thresholdMax: true,
+      thresholdMin: true
+    };
+  }
+
+  public getSettings({ baseCurrency, xRayRules }: UserSettings): Settings {
+    return {
+      baseCurrency,
+      isActive: xRayRules?.[this.getKey()]?.isActive ?? true,
+      thresholdMax: xRayRules?.[this.getKey()]?.thresholdMax ?? 0.12,
+      thresholdMin: xRayRules?.[this.getKey()]?.thresholdMin ?? 0.08
+    };
+  }
+}

libs/common/src/lib/interfaces/x-ray-rules-settings.interface.ts

@@ -9,6 +9,7 @@ export interface XRayRulesSettings {
   EconomicMarketClusterRiskEmergingMarkets?: RuleSettings;
   EmergencyFundSetup?: RuleSettings;
   FeeRatioInitialInvestment?: RuleSettings;
+  RegionalMarketClusterRiskEmergingMarkets?: RuleSettings;
   RegionalMarketClusterRiskEurope?: RuleSettings;
   RegionalMarketClusterRiskNorthAmerica?: RuleSettings;
 }