Files
quant-os/dist/joinquant_strategy.py
T

823 lines
26 KiB
Python

# coding: utf-8
"""JoinQuant hosted wrapper.
Upload the generated bundle, not this source file, to JoinQuant. The bundle
tool replaces the marked import block with the exact portable core source.
"""
# __PORTABLE_CORE_BUNDLE_START__
# Inlined by tools/bundle_platforms.py; do not edit this region.
import math
import re
_CANONICAL_EXCHANGES = {
"SH": "XSHG",
"SSE": "XSHG",
"XSHG": "XSHG",
"SZ": "XSHE",
"SZE": "XSHE",
"SZSE": "XSHE",
"XSHE": "XSHE",
"BJ": "XBSE",
"BSE": "XBSE",
"XBSE": "XBSE",
}
_SHORT_EXCHANGES = {
"XSHG": "SH",
"XSHE": "SZ",
"XBSE": "BJ",
}
def _sum_numeric(values):
"""Sum numerics without trusting a hosted runtime's global ``sum`` name."""
total = 0.0
for value in values:
total += value
return total
def _infer_exchange(code):
if code.startswith(("4", "8")):
return "XBSE"
if code.startswith(("5", "6", "9")):
return "XSHG"
return "XSHE"
def _split_symbol(symbol):
if not isinstance(symbol, str):
raise TypeError("symbol must be a string")
value = symbol.strip().upper().replace(" ", "")
if not value:
raise ValueError("symbol must not be empty")
match = re.match(r"^(\d{6})\.(XSHG|XSHE|XBSE|SH|SZ|BJ)$", value)
if match:
return match.group(1), _CANONICAL_EXCHANGES[match.group(2)]
match = re.match(r"^(XSHG|XSHE|XBSE|SH|SZ|BJ)[\.:]?(\d{6})$", value)
if match:
return match.group(2), _CANONICAL_EXCHANGES[match.group(1)]
match = re.match(r"^(\d{6})[\.:](SSE|SZE|SZSE|BSE)$", value)
if match:
return match.group(1), _CANONICAL_EXCHANGES[match.group(2)]
if re.match(r"^\d{6}$", value):
return value, _infer_exchange(value)
raise ValueError("unsupported A-share symbol: %s" % symbol)
def normalize_symbol(symbol, target="canonical"):
"""Convert common A-share codes to canonical/JQ, QMT, or Qlib format."""
code, exchange = _split_symbol(symbol)
target_name = str(target).strip().lower()
if target_name in ("canonical", "joinquant", "jq"):
return "%s.%s" % (code, exchange)
if target_name in ("qmt", "xtquant"):
return "%s.%s" % (code, _SHORT_EXCHANGES[exchange])
if target_name == "qlib":
return "%s%s" % (_SHORT_EXCHANGES[exchange], code)
raise ValueError("unsupported target platform: %s" % target)
def convert_symbol(symbol, target="canonical"):
"""Alias kept as the stable adapter-facing name."""
return normalize_symbol(symbol, target)
def momentum_score(prices, lookback=20, skip=0):
"""Return trailing simple momentum, or ``None`` if history is insufficient.
``skip=0`` uses the latest completed decision bar. Set ``skip=1`` only
when intentionally implementing a 20-1 convention. A lookback of N needs
N+skip+1 observations.
"""
lookback = int(lookback)
skip = int(skip)
if lookback <= 0 or skip < 0:
raise ValueError("lookback must be positive and skip non-negative")
values = list(prices)
if len(values) < lookback + skip + 1:
return None
end_index = len(values) - 1 - skip
start_index = end_index - lookback
start = float(values[start_index])
end = float(values[end_index])
if (
start <= 0.0
or end <= 0.0
or not math.isfinite(start)
or not math.isfinite(end)
):
return None
return end / start - 1.0
def rank_momentum(price_history, lookback=20, skip=0, top_n=None):
"""Rank ``{symbol: closes}`` by momentum with deterministic tie-breaking."""
ranked = []
for symbol in sorted(price_history):
score = momentum_score(price_history[symbol], lookback, skip)
if score is not None and math.isfinite(score):
ranked.append((normalize_symbol(symbol), score))
ranked.sort(key=lambda item: (-item[1], item[0]))
if top_n is not None:
ranked = ranked[: max(0, int(top_n))]
return ranked
def capped_target_weights(
scores, max_weight=0.20, gross_target=1.0, min_score=0.0
):
"""Long-only score-proportional weights with iterative cap redistribution."""
max_weight = float(max_weight)
gross_target = float(gross_target)
min_score = float(min_score)
if not math.isfinite(max_weight) or not 0.0 < max_weight <= 1.0:
raise ValueError("max_weight must be finite and lie in (0, 1]")
if not math.isfinite(gross_target) or not 0.0 <= gross_target <= 1.0:
raise ValueError("gross_target must be finite and lie in [0, 1]")
if not math.isfinite(min_score):
raise ValueError("min_score must be finite")
if hasattr(scores, "items"):
items = list(scores.items())
else:
items = list(scores)
normalized = {}
for symbol, raw_score in items:
name = normalize_symbol(symbol)
score = float(raw_score)
if not math.isfinite(score):
raise ValueError("score must be finite for %s" % name)
normalized[name] = score
weights = dict((symbol, 0.0) for symbol in normalized)
active = dict(
(symbol, score)
for symbol, score in normalized.items()
if score > min_score and score > 0.0
)
remaining = min(gross_target, len(active) * max_weight)
while active and remaining > 1e-15:
score_sum = _sum_numeric(active.values())
if score_sum <= 0.0:
break
capped = []
for symbol in sorted(active):
proposed = remaining * active[symbol] / score_sum
if proposed >= max_weight - 1e-15:
weights[symbol] = max_weight
capped.append(symbol)
if not capped:
for symbol in sorted(active):
weights[symbol] = remaining * active[symbol] / score_sum
remaining = 0.0
break
for symbol in capped:
active.pop(symbol)
remaining -= max_weight
remaining = max(0.0, remaining)
return weights
def round_board_lot(quantity, lot_size=100):
"""Round an absolute long position down to a board-lot quantity."""
lot_size = int(lot_size)
if lot_size <= 0:
raise ValueError("lot_size must be positive")
if not math.isfinite(float(quantity)):
raise ValueError("quantity must be finite")
quantity = max(0, int(quantity))
return quantity // lot_size * lot_size
def _is_star_market(symbol):
code, exchange = _split_symbol(symbol)
return exchange == "XSHG" and code.startswith(("688", "689"))
def target_quantities(
weights, prices, equity, lot_size=100, cash_buffer=0.02
):
"""Convert target weights to affordable board-lot long quantities."""
equity = float(equity)
cash_buffer = float(cash_buffer)
if (
not math.isfinite(equity)
or equity < 0.0
or not math.isfinite(cash_buffer)
or not 0.0 <= cash_buffer < 1.0
):
raise ValueError("invalid equity or cash_buffer")
positive_weights = []
for raw_symbol, raw_weight in weights.items():
weight = float(raw_weight)
if not math.isfinite(weight):
raise ValueError(
"weight must be finite for %s" % normalize_symbol(raw_symbol)
)
positive_weights.append(max(0.0, weight))
requested_gross = _sum_numeric(positive_weights)
gross_ceiling = 1.0 - cash_buffer
scale = (
min(1.0, gross_ceiling / requested_gross)
if requested_gross > 0.0
else 1.0
)
result = {}
for raw_symbol in sorted(weights):
symbol = normalize_symbol(raw_symbol)
weight = float(weights[raw_symbol])
if not math.isfinite(weight):
raise ValueError("weight must be finite for %s" % symbol)
weight = max(0.0, weight)
price = prices.get(raw_symbol)
if price is None:
price = prices.get(symbol)
if price is None:
raise KeyError("missing price for %s" % symbol)
price = float(price)
if price <= 0.0 or not math.isfinite(price):
raise ValueError("invalid price for %s" % symbol)
# Weights are absolute equity weights. cash_buffer is a ceiling, not
# a second multiplicative haircut: gross=.95 and buffer=.02 stays .95.
budget = equity * weight * scale
quantity = round_board_lot(budget / price, lot_size)
# STAR Market auction orders must contain at least 200 shares. Keep
# the portable planner conservative and on the configured 100-share
# grid even though quantities above 200 may increment by one share.
if _is_star_market(symbol) and 0 < quantity < 200:
quantity = 0
result[symbol] = quantity
return result
def order_deltas(
targets, current, sellable=None, lot_size=100
):
"""Return signed board-lot orders; negative sells respect sellable quantity."""
canonical_targets = {}
canonical_current = {}
canonical_sellable = {}
for symbol, quantity in targets.items():
canonical_targets[normalize_symbol(symbol)] = max(0, int(quantity))
for symbol, quantity in current.items():
canonical_current[normalize_symbol(symbol)] = max(0, int(quantity))
if sellable is not None:
for symbol, quantity in sellable.items():
canonical_sellable[normalize_symbol(symbol)] = max(0, int(quantity))
result = {}
symbols = sorted(set(canonical_targets) | set(canonical_current))
for symbol in symbols:
target = round_board_lot(canonical_targets.get(symbol, 0), lot_size)
if _is_star_market(symbol) and 0 < target < 200:
target = 0
held = canonical_current.get(symbol, 0)
delta = target - held
if delta > 0:
delta = round_board_lot(delta, lot_size)
if _is_star_market(symbol) and 0 < delta < 200:
delta = 0
elif delta < 0:
available = held
if sellable is not None:
available = min(held, canonical_sellable.get(symbol, 0))
requested = min(-delta, available)
# A complete liquidation may submit the entire odd-lot balance.
# This also covers the STAR exception for a remaining balance
# below 200 shares. Partial orders stay on the configured grid.
full_liquidation = (
target == 0
and requested == held
and available >= held
)
if full_liquidation:
delta = -held
else:
delta = -round_board_lot(requested, lot_size)
if _is_star_market(symbol) and 0 < -delta < 200:
delta = 0
if delta:
result[symbol] = delta
return result
def build_rebalance_plan(
price_history,
current,
sellable,
equity,
lookback=20,
skip=0,
top_n=10,
max_weight=0.20,
gross_target=1.0,
cash_buffer=0.02,
lot_size=100,
):
"""Build the complete portable signal -> weight -> quantity -> order plan."""
ranked = rank_momentum(price_history, lookback, skip, top_n)
scores = dict(ranked)
weights = capped_target_weights(scores, max_weight, gross_target, 0.0)
for raw_symbol in price_history:
symbol = normalize_symbol(raw_symbol)
if symbol not in scores:
scores[symbol] = momentum_score(
price_history[raw_symbol], lookback, skip
)
if symbol not in weights:
weights[symbol] = 0.0
prices = {}
for raw_symbol, history in price_history.items():
if not history:
continue
prices[normalize_symbol(raw_symbol)] = history[-1]
targets = target_quantities(
weights, prices, equity, lot_size, cash_buffer
)
orders = order_deltas(targets, current, sellable, lot_size)
return {
"scores": scores,
"weights": weights,
"targets": targets,
"orders": orders,
}
__all__ = [
"build_rebalance_plan",
"capped_target_weights",
"convert_symbol",
"momentum_score",
"normalize_symbol",
"order_deltas",
"rank_momentum",
"round_board_lot",
"target_quantities",
]
# __PORTABLE_CORE_BUNDLE_END__
import math
class PriceHistoryUnavailable(RuntimeError):
pass
class UnmanagedPositionError(RuntimeError):
pass
class ClockStateError(RuntimeError):
pass
# __BASELINE_CONFIG_START__
# Generated from configs/baseline.json; do not edit this region.
CONFIG = {'universe_mode': 'pit_index',
'index_symbol': '000905.XSHG',
'qmt_sector_name': '\u4e2d\u8bc1500',
'dedicated_account_required': True,
'exclude_st': True,
'universe': ['600000.XSHG', '000001.XSHE', '300750.XSHE', '000333.XSHE'],
'lookback': 20,
'skip': 0,
'top_n': 20,
'max_weight': 0.05,
'gross_target': 0.95,
'cash_buffer': 0.02,
'lot_size': 100,
'participation_rate': 0.1,
'slippage_bps': 2.0,
'commission_rate': 0.0002,
'minimum_commission': 5.0,
'stamp_duty_rate': 0.0005,
'transfer_fee_rate': 1e-05,
'rebalance_schedule': 'weekly_first_close'}
# __BASELINE_CONFIG_END__
def initialize(context):
"""Configure a daily-open clock that executes a first-week-close signal."""
set_option("avoid_future_data", True)
set_option("use_real_price", True)
g.quant60_config = dict(CONFIG)
if g.quant60_config.get("rebalance_schedule") != "weekly_first_close":
raise ValueError("unsupported rebalance_schedule")
if g.quant60_config.get("universe_mode") not in ("pit_index", "fixed"):
raise ValueError("unsupported universe_mode")
if (
g.quant60_config.get("universe_mode") == "pit_index"
and not g.quant60_config.get("dedicated_account_required")
):
raise ValueError("pit_index mode requires a dedicated account")
set_benchmark(g.quant60_config["index_symbol"])
commission = (
float(g.quant60_config["commission_rate"])
+ float(g.quant60_config["transfer_fee_rate"])
)
set_order_cost(
OrderCost(
open_tax=0.0,
close_tax=float(g.quant60_config["stamp_duty_rate"]),
open_commission=commission,
close_commission=commission,
close_today_commission=0.0,
min_commission=float(
g.quant60_config["minimum_commission"]
),
),
type="stock",
)
# JoinQuant applies half of PriceRelatedSlippage on each side. The local
# slippage_bps setting is one-sided, hence the explicit factor of two.
set_slippage(
PriceRelatedSlippage(
2.0 * float(g.quant60_config["slippage_bps"]) / 10000.0
),
type="stock",
)
set_option(
"order_volume_ratio",
float(g.quant60_config["participation_rate"]),
)
g.quant60_last_plan = None
g.quant60_last_universe = None
g.quant60_last_universe_as_of = None
g.quant60_skipped_orders = []
g.quant60_pending_first_session = None
g.quant60_last_callback_date = None
run_daily(rebalance, time="open")
def _close_history(symbol, count):
raw = attribute_history(
symbol,
count,
unit="1d",
fields=["close"],
skip_paused=False,
df=False,
fq="pre",
)
values = list(raw.get("close", [])) if hasattr(raw, "get") else []
if len(values) != int(count):
raise PriceHistoryUnavailable(
"%s needs %d completed daily closes, got %d"
% (symbol, int(count), len(values))
)
output = []
for value in values:
try:
number = float(value)
except (TypeError, ValueError):
raise PriceHistoryUnavailable(
"%s contains a missing/non-numeric close" % symbol
)
if not math.isfinite(number) or number <= 0.0:
raise PriceHistoryUnavailable(
"%s contains a missing/non-positive close" % symbol
)
output.append(number)
return output
def _close_histories(symbols, count):
raw = history(
int(count),
unit="1d",
field="close",
security_list=list(symbols),
df=False,
skip_paused=False,
fq="pre",
)
if not hasattr(raw, "get"):
raise PriceHistoryUnavailable("history returned an invalid payload")
output = {}
for symbol in symbols:
values = list(raw.get(symbol, []))
if len(values) != int(count):
raise PriceHistoryUnavailable(
"%s needs %d completed daily closes, got %d"
% (symbol, int(count), len(values))
)
clean = []
for value in values:
try:
number = float(value)
except (TypeError, ValueError):
raise PriceHistoryUnavailable(
"%s contains a missing/non-numeric close" % symbol
)
if not math.isfinite(number) or number <= 0.0:
raise PriceHistoryUnavailable(
"%s contains a missing/non-positive close" % symbol
)
clean.append(number)
output[convert_symbol(symbol, "canonical")] = clean
return output
def _decision_universe(context):
config = g.quant60_config
if config.get("universe_mode") == "fixed":
values = list(config["universe"])
else:
as_of = _as_date(
getattr(context, "previous_date", None),
"previous_date",
)
values = get_index_stocks(
config["index_symbol"],
date=as_of,
)
if not values:
raise PriceHistoryUnavailable(
"no PIT index members for %s on %s"
% (config["index_symbol"], as_of.isoformat())
)
g.quant60_last_universe_as_of = as_of.isoformat()
normalized = sorted(
set(convert_symbol(symbol, "joinquant") for symbol in values)
)
if not normalized:
raise PriceHistoryUnavailable("decision universe is empty")
g.quant60_last_universe = list(normalized)
return normalized
def _filter_st_universe(context, symbols):
if not g.quant60_config.get("exclude_st", True):
return list(symbols)
as_of = _as_date(
getattr(context, "previous_date", None),
"previous_date",
)
raw = get_extras(
"is_st",
list(symbols),
end_date=as_of,
count=1,
df=False,
)
if not hasattr(raw, "get"):
raise PriceHistoryUnavailable(
"get_extras is_st returned an invalid payload"
)
output = []
for symbol in symbols:
values = list(raw.get(symbol, []))
if len(values) != 1:
raise PriceHistoryUnavailable(
"%s needs one PIT is_st value on %s"
% (symbol, as_of.isoformat())
)
try:
numeric = float(values[0])
except (TypeError, ValueError):
raise PriceHistoryUnavailable(
"%s contains a non-boolean PIT is_st value" % symbol
)
if not math.isfinite(numeric) or numeric not in (0.0, 1.0):
raise PriceHistoryUnavailable(
"%s contains an invalid PIT is_st value" % symbol
)
if not bool(numeric):
output.append(symbol)
if not output:
raise PriceHistoryUnavailable(
"PIT ST exclusion removed the entire decision universe"
)
g.quant60_last_universe = list(output)
return output
def _position_amount(position, name, default=0):
value = getattr(position, name, default)
return int(value or 0)
def _snapshot_portfolio(context, managed):
current = {}
sellable = {}
managed = set(convert_symbol(symbol, "canonical") for symbol in managed)
dynamic = g.quant60_config.get("universe_mode") == "pit_index"
positions = getattr(context.portfolio, "positions", {})
for symbol, position in positions.items():
canonical = convert_symbol(str(symbol), "canonical")
quantity = _position_amount(position, "total_amount")
if quantity and canonical not in managed and not dynamic:
raise UnmanagedPositionError(
"account contains unmanaged position %s; use a dedicated "
"strategy account or reconcile ownership before trading" % canonical
)
if canonical not in managed and not dynamic:
continue
current[canonical] = quantity
sellable[canonical] = _position_amount(
position, "closeable_amount", current[canonical]
)
equity = float(getattr(context.portfolio, "total_value", 0.0) or 0.0)
return current, sellable, equity
def _is_star_board(symbol):
code = str(symbol).split(".", 1)[0]
return code.startswith("688") or code.startswith("689")
def _order_request(symbol, delta):
"""Build a fail-closed hosted order request from current market data.
JoinQuant rejects an unprotected market order for STAR Market securities.
A limit at the exchange daily bound supplies equivalent worst-price
protection while keeping the rebalance target expressed in exact shares.
"""
try:
item = get_current_data()[symbol]
except Exception as exc:
g.quant60_skipped_orders.append(
{"symbol": symbol, "reason": "current_data_unavailable", "detail": str(exc)}
)
return None
if bool(getattr(item, "paused", False)):
g.quant60_skipped_orders.append(
{"symbol": symbol, "reason": "paused"}
)
return None
if not _is_star_board(symbol):
return {"style": None}
field = "high_limit" if int(delta) > 0 else "low_limit"
raw_price = getattr(item, field, None)
try:
protection_price = float(raw_price)
except (TypeError, ValueError):
protection_price = float("nan")
if (
not math.isfinite(protection_price)
or protection_price <= 0.0
or protection_price >= 10000.0
):
g.quant60_skipped_orders.append(
{
"symbol": symbol,
"reason": "star_protection_price_invalid",
"detail": field,
}
)
return None
try:
style = LimitOrderStyle(protection_price)
except Exception as exc:
g.quant60_skipped_orders.append(
{
"symbol": symbol,
"reason": "star_protection_style_unavailable",
"detail": str(exc),
}
)
return None
return {"style": style}
def compute_plan(context):
"""Return the portable plan without submitting orders."""
config = g.quant60_config
required = int(config["lookback"]) + int(config["skip"]) + 1
platform_universe = _decision_universe(context)
platform_universe = _filter_st_universe(
context,
platform_universe,
)
price_history = _close_histories(platform_universe, required)
current, sellable, equity = _snapshot_portfolio(
context,
platform_universe,
)
if equity <= 0:
raise ValueError("portfolio.total_value must be positive")
plan = build_rebalance_plan(
price_history=price_history,
current=current,
sellable=sellable,
equity=equity,
lookback=config["lookback"],
skip=config["skip"],
top_n=config["top_n"],
max_weight=config["max_weight"],
gross_target=config["gross_target"],
cash_buffer=config["cash_buffer"],
lot_size=config["lot_size"],
)
return plan
def _execute_rebalance(context):
"""Submit the portable plan's exact executable share deltas."""
plan = compute_plan(context)
order_deltas = plan["orders"]
current, _, unused_equity = _snapshot_portfolio(
context,
g.quant60_last_universe or g.quant60_config["universe"],
)
del unused_equity
all_symbols = set(current)
all_symbols.update(order_deltas)
# Exits first. The requested target is current + executable delta, not the
# unconstrained portfolio target; this preserves T+1 sellable caps and odd
# lots from the portable plan.
for canonical in sorted(
all_symbols,
key=lambda item: (
int(order_deltas.get(item, 0)) > 0,
item,
),
):
delta = int(order_deltas.get(canonical, 0))
if delta == 0:
continue
platform_symbol = convert_symbol(canonical, "joinquant")
request = _order_request(platform_symbol, delta)
if request is None:
continue
target = int(current.get(canonical, 0)) + delta
if request["style"] is None:
order_target(platform_symbol, target)
else:
order_target(
platform_symbol,
target,
style=request["style"],
)
g.quant60_last_plan = plan
return plan
def _as_date(value, name):
if hasattr(value, "date"):
value = value.date()
if not hasattr(value, "isocalendar"):
raise ClockStateError("%s must be a date/datetime" % name)
return value
def rebalance(context):
"""Execute on the session immediately after a week's first close.
A daily state machine is used instead of ``run_weekly(..., 2)`` so a
one-session holiday week still executes on the next available session.
"""
current_date = _as_date(getattr(context, "current_dt", None), "current_dt")
previous_date = _as_date(
getattr(context, "previous_date", None),
"previous_date",
)
if g.quant60_last_callback_date == current_date:
return None
pending = g.quant60_pending_first_session
is_first_session = (
previous_date.isocalendar()[:2]
!= current_date.isocalendar()[:2]
)
if pending is not None:
if previous_date != pending:
raise ClockStateError(
"pending first-session close is not the immediately "
"previous trading session"
)
# Consume the clock token before crossing any hosted order boundary.
# A partial API failure must not make a callback retry duplicate the
# already accepted prefix of the order list.
g.quant60_pending_first_session = (
current_date if is_first_session else None
)
g.quant60_last_callback_date = current_date
plan = _execute_rebalance(context)
return plan
if is_first_session:
g.quant60_pending_first_session = current_date
g.quant60_last_callback_date = current_date
return None