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
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Oct 25, 1993 to Jul 10, 2026Model 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
| Parameter | Value | t-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
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