function varargout = pricingapp(varargin)
% PRICINGAPP M-file for pricingapp.fig
% PRICINGAPP, by itself, creates a new PRICINGAPP or raises the existing
% singleton*.
%
% H = PRICINGAPP returns the handle to a new PRICINGAPP or the handle to
% the existing singleton*.
%
% PRICINGAPP('CALLBACK',hObject,eventData,handles,...) calls the local
% function named CALLBACK in PRICINGAPP.M with the given input arguments.
%
% PRICINGAPP('Property','Value',...) creates a new PRICINGAPP or raises the
% existing singleton*. Starting from the left, property value pairs are
% applied to the GUI before pricingapp_OpeningFunction gets called. An
% unrecognized property name or invalid value makes property application
% stop. All inputs are passed to pricingapp_OpeningFcn via varargin.
%
% *See GUI Options on GUIDE's Tools menu. Choose "GUI allows only one
% instance to run (singleton)".
%
% See also: GUIDE, GUIDATA, GUIHANDLES
% Edit the above text to modify the response to help pricingapp
% Last Modified by GUIDE v2.5 02-Oct-2003 23:45:52
% Begin initialization code - DO NOT EDIT
gui_Singleton = 1;
gui_State = struct('gui_Name', mfilename, ...
'gui_Singleton', gui_Singleton, ...
'gui_OpeningFcn', @pricingapp_OpeningFcn, ...
'gui_OutputFcn', @pricingapp_OutputFcn, ...
'gui_LayoutFcn', [] , ...
'gui_Callback', []);
if nargin & isstr(varargin{1})
gui_State.gui_Callback = str2func(varargin{1});
end
if nargout
[varargout{1:nargout}] = gui_mainfcn(gui_State, varargin{:});
else
gui_mainfcn(gui_State, varargin{:});
end
% End initialization code - DO NOT EDIT
% --- Executes just before pricingapp is made visible.
function pricingapp_OpeningFcn(hObject, eventdata, handles, varargin)
% This function has no output args, see OutputFcn.
% hObject handle to figure
% eventdata reserved - to be defined in a future version of MATLAB
% handles structure with handles and user data (see GUIDATA)
% varargin command line arguments to pricingapp (see VARARGIN)
% Choose default command line output for pricingapp
handles.output = hObject;
% Update handles structure
guidata(hObject, handles);
% UIWAIT makes pricingapp wait for user response (see UIRESUME)
% uiwait(handles.figure1);
% --- Outputs from this function are returned to the command line.
function varargout = pricingapp_OutputFcn(hObject, eventdata, handles)
% varargout cell array for returning output args (see VARARGOUT);
% hObject handle to figure
% eventdata reserved - to be defined in a future version of MATLAB
% handles structure with handles and user data (see GUIDATA)
% Get default command line output from handles structure
varargout{1} = handles.output;
% --- Executes during object creation, after setting all properties.
function editpremium_CreateFcn(hObject, eventdata, handles)
% hObject handle to editpremium (see GCBO)
% eventdata reserved - to be defined in a future version of MATLAB
% handles empty - handles not created until after all CreateFcns called
% Hint: edit controls usually have a white background on Windows.
% See ISPC and COMPUTER.
if ispc
set(hObject,'BackgroundColor','white');
else
set(hObject,'BackgroundColor',get(0,'defaultUicontrolBackgroundColor'));
end
function editpremium_Callback(hObject, eventdata, handles)
% hObject handle to editpremium (see GCBO)
% eventdata reserved - to be defined in a future version of MATLAB
% handles structure with handles and user data (see GUIDATA)
% Hints: get(hObject,'String') returns contents of editpremium as text
% str2double(get(hObject,'String')) returns contents of editpremium as a double
% --- Executes during object creation, after setting all properties.
function editELR_CreateFcn(hObject, eventdata, handles)
% hObject handle to editELR (see GCBO)
% eventdata reserved - to be defined in a future version of MATLAB
% handles empty - handles not created until after all CreateFcns called
% Hint: edit controls usually have a white background on Windows.
% See ISPC and COMPUTER.
if ispc
set(hObject,'BackgroundColor','white');
else
set(hObject,'BackgroundColor',get(0,'defaultUicontrolBackgroundColor'));
end
function editELR_Callback(hObject, eventdata, handles)
% hObject handle to editELR (see GCBO)
% eventdata reserved - to be defined in a future version of MATLAB
% handles structure with handles and user data (see GUIDATA)
% Hints: get(hObject,'String') returns contents of editELR as text
% str2double(get(hObject,'String')) returns contents of editELR as a double
% --- Executes during object creation, after setting all properties.
function editcommision_CreateFcn(hObject, eventdata, handles)
% hObject handle to editcommision (see GCBO)
% eventdata reserved - to be defined in a future version of MATLAB
% handles empty - handles not created until after all CreateFcns called
% Hint: edit controls usually have a white background on Windows.
% See ISPC and COMPUTER.
if ispc
set(hObject,'BackgroundColor','white');
else
set(hObject,'BackgroundColor',get(0,'defaultUicontrolBackgroundColor'));
end
function editcommision_Callback(hObject, eventdata, handles)
% hObject handle to editcommision (see GCBO)
% eventdata reserved - to be defined in a future version of MATLAB
% handles structure with handles and user data (see GUIDATA)
% Hints: get(hObject,'String') returns contents of editcommision as text
% str2double(get(hObject,'String')) returns contents of editcommision as a double
% --- Executes during object creation, after setting all properties.
function editxol_CreateFcn(hObject, eventdata, handles)
% hObject handle to editxol (see GCBO)
% eventdata reserved - to be defined in a future version of MATLAB
% handles empty - handles not created until after all CreateFcns called
% Hint: edit controls usually have a white background on Windows.
% See ISPC and COMPUTER.
if ispc
set(hObject,'BackgroundColor','white');
else
set(hObject,'BackgroundColor',get(0,'defaultUicontrolBackgroundColor'));
end
function editxol_Callback(hObject, eventdata, handles)
% hObject handle to editxol (see GCBO)
% eventdata reserved - to be defined in a future version of MATLAB
% handles structure with handles and user data (see GUIDATA)
% Hints: get(hObject,'String') returns contents of editxol as text
% str2double(get(hObject,'String')) returns contents of editxol as a double
% --- Executes during object creation, after setting all properties.
function editnumoflob_CreateFcn(hObject, eventdata, handles)
% hObject handle to editnumoflob (see GCBO)
% eventdata reserved - to be defined in a future version of MATLAB
% handles empty - handles not created until after all CreateFcns called
% Hint: edit controls usually have a white background on Windows.
% See ISPC and COMPUTER.
if ispc
set(hObject,'BackgroundColor','white');
else
set(hObject,'BackgroundColor',get(0,'defaultUicontrolBackgroundColor'));
end
function editnumoflob_Callback(hObject, eventdata, handles)
% hObject handle to editnumoflob (see GCBO)
% eventdata reserved - to be defined in a future version of MATLAB
% handles structure with handles and user data (see GUIDATA)
% Hints: get(hObject,'String') returns contents of editnumoflob as text
% str2double(get(hObject,'String')) returns contents of editnumoflob as a double
% --- Executes on button press in pushbutton1.
function pushbutton1_Callback(hObject, eventdata, handles)
% hObject handle to pushbutton1 (see GCBO)
% eventdata reserved - to be defined in a future version of MATLAB
% handles structure with handles and user data (see GUIDATA)
premium = str2num(get(handles.editpremium, 'String'))
ELR = str2num(get(handles.editELR, 'String'))/100
% premium = 10000000;
lossPick = ELR*premium;
commission = str2num(get(handles.editcommision, 'String'))/100
XOL = str2num(get(handles.editxol, 'String'))
numoflob = str2num(get(handles.editnumoflob, 'String'))
[NPV,prob, averageSeverity, numofclaims] = pricing(premium, ELR, commission, XOL, numoflob);
set(handles.text8,'String', ['Average size of Claim : ', num2str(averageSeverity)]);
set(handles.text7,'String', ['Average Number of Claims : ', num2str(numofclaims)]);
set(handles.text9,'String', ['Total number of Simulations : ', num2str(numofclaims.^2)]);
%Plotting the cdf in the GUI Axes
axes(handles.axes3)
plot(prob, fliplr(sort(NPV)));
title('CDF of Net Present Value');
xlabel('Percentage (%)');
ylabel('NPV ($$)');
grid on;