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Phoenix Shipping Wuhan Co Ltd Asymmetric ILLIQ Liquidity Analysis

Liquidity prediction for Friday, July 17th, 2026

1 Day

302.35

increased by 39.61

1 Week

274.81

increased by 12.07

1 Month

241.47

decreased by 21.27

Analysis last updated: Friday, July 17, 2026 at 06:40 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Phoenix Shipping Wuhan Co Ltd ILLIQ-AMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Oct 25, 1993 to Jul 10, 2026

Model Insight

With persistence 0.999, illiquidity shocks have a half-life of 562 trading days (~2.2 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

Asymmetry: Illiquidity rises 132% more after negative returns

μ

ILLIQ-AMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

2.8287
7.27***
α

ARCH

Response to squared shocks

0.0997
22.83***
β

GARCH

Volatility persistence

0.8334
316.89***
γ

leverage

Additional response to negative shocks

0.1312
17.12***

Persistence:

0.999

Half-life:

562 days