unrip/test/portfolio-metrics.test.mjs

import test from 'node:test';
import assert from 'node:assert/strict';

import { buildPortfolioMetricId, computePortfolioMetric } from '../src/core/portfolio-metrics.mjs';

const btcAsset = {
  assetId: 'nep141:btc.omft.near',
  symbol: 'BTC',
  decimals: 8,
};

const eureAsset = {
  assetId: 'nep141:eure.omft.near',
  symbol: 'EURe',
  decimals: 18,
};

test('portfolio metrics compute portfolio comparison and mark-to-market pnl from baseline funding inventory', () => {
  const metric = computePortfolioMetric({
    baseline: {
      anchor: 'latest_inventory_before_first_command',
      command_at: '2026-04-02T18:10:43.569Z',
      inventory: {
        inventory_id: 'baseline-1',
        synced_at: '2026-04-02T18:10:33.381Z',
        spendable: {
          'nep141:btc.omft.near': '100000',
          'nep141:eure.omft.near': '60000000000000000000',
        },
      },
      price: {
        price_id: 'price-baseline-1',
        observed_at: '2026-04-02T18:10:30.109Z',
        eure_per_btc: '57792.20000000',
      },
    },
    currentInventory: {
      inventory_id: 'current-1',
      synced_at: '2026-04-02T20:46:48.492Z',
      spendable: {
        'nep141:btc.omft.near': '137014',
        'nep141:eure.omft.near': '38999978799978799978',
      },
    },
    currentPrice: {
      price_id: 'price-current-1',
      observed_at: '2026-04-02T20:46:55.305Z',
      eure_per_btc: '58079.20000000',
    },
    btcAsset,
    eureAsset,
    commandCount: 7,
    resultCount: 7,
  });

  assert.equal(metric.baseline_status, 'active');
  assert.equal(metric.current_portfolio_value_eure, '118.576613887978799978');
  assert.equal(metric.portfolio_vs_simple_hold_eure, '0.497413887978799978');
  assert.equal(metric.trade_pnl_eure, null);
  assert.equal(metric.mark_to_market_pnl_eure, '0.784413887978799978');
  assert.equal(metric.price_move_pnl_eure, '0.287');
  assert.deepEqual(metric.inventory_delta, {
    btc_units: '37014',
    btc: '0.00037014',
    eure_units: '-21000021200021200022',
    eure: '-21.000021200021200022',
  });
});

test('portfolio metrics stay available before the first live execution', () => {
  const metric = computePortfolioMetric({
    baseline: null,
    currentInventory: {
      inventory_id: 'current-2',
      synced_at: '2026-04-02T20:46:48.492Z',
      spendable: {
        'nep141:btc.omft.near': '100000',
        'nep141:eure.omft.near': '60000000000000000000',
      },
    },
    currentPrice: {
      price_id: 'price-current-2',
      observed_at: '2026-04-02T20:46:55.305Z',
      eure_per_btc: '58079.20000000',
    },
    btcAsset,
    eureAsset,
    commandCount: 0,
    resultCount: 0,
  });

  assert.equal(metric.baseline_status, 'awaiting_first_execution');
  assert.equal(metric.current_portfolio_value_eure, '118.0792');
  assert.equal(metric.portfolio_vs_simple_hold_eure, null);
  assert.equal(metric.trade_pnl_eure, null);
  assert.equal(metric.mark_to_market_pnl_eure, null);
  assert.equal(metric.price_move_pnl_eure, null);
});

test('portfolio metrics treat later deposits and withdrawals as external cash flows instead of PnL', () => {
  const metric = computePortfolioMetric({
    baseline: {
      anchor: 'latest_inventory_before_first_command',
      command_at: '2026-04-02T18:10:43.569Z',
      inventory: {
        inventory_id: 'baseline-2',
        synced_at: '2026-04-02T18:10:33.381Z',
        spendable: {
          'nep141:btc.omft.near': '100000',
          'nep141:eure.omft.near': '60000000000000000000',
        },
      },
      price: {
        price_id: 'price-baseline-2',
        observed_at: '2026-04-02T18:10:30.109Z',
        eure_per_btc: '57792.20000000',
      },
    },
    currentInventory: {
      inventory_id: 'current-3',
      synced_at: '2026-04-07T15:43:30.463Z',
      spendable: {
        'nep141:btc.omft.near': '137014',
        'nep141:eure.omft.near': '63999978599978799978',
      },
    },
    currentPrice: {
      price_id: 'price-current-3',
      observed_at: '2026-04-07T15:43:29.885Z',
      eure_per_btc: '58845.90000000',
    },
    externalFlows: [
      {
        flow_id: 'withdrawal-1',
        kind: 'withdrawal',
        asset_id: eureAsset.assetId,
        effective_at: '2026-04-02T10:52:27.863Z',
        signed_units: '-1000000000000000000',
        reference_price_eure_per_btc_at_flow_time: null,
      },
      {
        flow_id: 'deposit-1',
        kind: 'deposit',
        asset_id: eureAsset.assetId,
        effective_at: '2026-04-07T15:20:54.757Z',
        signed_units: '24999999800000000000',
        reference_price_eure_per_btc_at_flow_time: null,
      },
    ],
    btcAsset,
    eureAsset,
    commandCount: 7,
    resultCount: 7,
  });

  assert.equal(metric.external_cash_flows.flow_count, 2);
  assert.equal(metric.external_cash_flows.net_eure, '23.9999998');
  assert.equal(metric.external_cash_flows.net_value_eure_at_flow_time, '23.9999998');
  assert.equal(metric.baseline_portfolio_value_eure_at_baseline_price, '141.7921998');
  assert.equal(metric.baseline_portfolio_value_eure_at_current_price, '142.8458998');
  assert.equal(metric.mark_to_market_pnl_eure, '2.834900225978799978');
  assert.equal(metric.price_move_pnl_eure, '1.0537');
  assert.equal(metric.portfolio_vs_simple_hold_eure, '1.781200225978799978');
  assert.equal(metric.trade_pnl_eure, null);
});

test('portfolio metric id keys off the baseline and current snapshots', () => {
  const metricId = buildPortfolioMetricId({
    baselineInventoryId: 'baseline-1',
    currentInventoryId: 'current-1',
    currentPriceId: 'price-current-1',
  });

  assert.equal(metricId, 'portfolio-metric:baseline-1:current-1:price-current-1');
});