"""S&P 500 P/E and Dividend Yield Charts"""
import matplotlib
matplotlib.use("Agg")
import matplotlib.pyplot as plt
from src.data.market_bubbles import sp500_pe, sp500_dividend_yield
from src.utils.styling import get_theme, EXPORT_DPI, BUBBLE_ZONE, WARNING_ZONE, NORMAL_ZONE, GRAY_DARK
from src.utils.export import save_chart_tight


def plot_pe_dividend() -> str:
    """Generate 2-panel S&P 500 P/E Ratio and Dividend Yield chart."""
    plt.rcParams.update(get_theme())
    fig, (ax1, ax2) = plt.subplots(2, 1, figsize=(14, 10), sharex=True)

    # ── Panel 1: P/E ───────────────────────────────────────────────────────
    years_pe = [d["year"] for d in sp500_pe]
    values_pe = [d["value"] for d in sp500_pe]
    ax1.plot(years_pe, values_pe, color=GRAY_DARK, linewidth=1.5)
    ax1.axhspan(0, 15, alpha=0.15, color=NORMAL_ZONE)
    ax1.axhspan(15, 25, alpha=0.15, color=WARNING_ZONE)
    ax1.axhspan(25, 80, alpha=0.15, color=BUBBLE_ZONE)
    ax1.axhline(y=18.2, color="#333", linestyle="--", linewidth=1, alpha=0.7)
    ax1.text(1960, 18.7, "Mean: 18.2", fontsize=10)
    ax1.set_ylabel("P/E Ratio", fontsize=12)
    ax1.set_ylim(0, 80)

    pe_events = [
        (1999, 32.92, "1999 Peak"),
        (2009, 70.91, "2009 Anomaly"),
        (2021, 35.96, "2021"),
        (2026, 29.60, "2026"),
    ]
    for year, val, label in pe_events:
        ax1.annotate(label, xy=(year, val), xytext=(year + 3, val + 3),
                      arrowprops=dict(arrowstyle="->", color="gray", lw=0.8),
                      fontsize=8)

    # ── Panel 2: Dividend Yield ────────────────────────────────────────────
    years_dy = [d["year"] for d in sp500_dividend_yield]
    values_dy = [d["value"] for d in sp500_dividend_yield]
    ax2.plot(years_dy, values_dy, color="#e74c3c", linewidth=1.5)
    ax2.axhline(y=3.2, color="#333", linestyle="--", linewidth=1, alpha=0.7)
    ax2.text(1960, 3.5, "Mean: 3.2%", fontsize=10)
    ax2.set_ylabel("Dividend Yield (%)", fontsize=12)
    ax2.set_xlabel("Year", fontsize=12)
    ax2.set_ylim(0, 8)

    dy_events = [
        (1950, 7.44, "1950: 7.44%"),
        (2000, 1.22, "2000: 1.22%"),
        (2026, 1.04, "2026: 1.04%"),
    ]
    for year, val, label in dy_events:
        ax2.annotate(label, xy=(year, val), xytext=(year + 3, val + 0.5),
                      arrowprops=dict(arrowstyle="->", color="gray", lw=0.8),
                      fontsize=8)

    fig.suptitle(
        "S&P 500 Valuation Metrics — P/E Ratio and Dividend Yield",
        fontsize=16, fontweight="bold",
    )

    for ax in (ax1, ax2):
        ax.grid(True, alpha=0.3)

    # Save — avoid tight_layout() and bbox_inches="tight" to bypass
    # Python 3.14 + matplotlib deepcopy RecursionError
    import os
    output_dir = "output/charts"
    os.makedirs(output_dir, exist_ok=True)
    path = os.path.join(output_dir, "03_pe_dividend.png")
    fig.subplots_adjust(top=0.90, bottom=0.06, left=0.08, right=0.95, hspace=0.28)
    plt.savefig(path, dpi=EXPORT_DPI, facecolor=fig.get_facecolor(), edgecolor="none")
    plt.close(fig)
    return path


def main():
    path = plot_pe_dividend()
    print(f"Chart saved: {path}")


if __name__ == "__main__":
    main()