pd_calc_method

The calculation method used to determine the associated probabilities of default.

For additional details refer to: https://www.federalreserve.gov/apps/reportingforms/Report/Index/FR_Y-14Q

├── hybrid
├── point_in_time
└── through_cycle

hybrid

A probability of default calculation method that combines elements of both point-in-time and through-the-cycle approaches, allowing for both short-term economic conditions and long-term structural risk factors to influence the rating.

point_in_time

A probability of default calculation method that reflects the current economic conditions and borrower-specific circumstances at a specific point in time, making it more sensitive to short-term changes in the economic environment.

through_cycle

A probability of default calculation method that aims to remain stable across economic cycles by focusing on long-term structural risk factors rather than temporary economic conditions, providing a more stable rating over time.