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Phoenix Shipping Wuhan Co Ltd Spline ILLIQ Liquidity Analysis

Liquidity prediction for Wednesday, July 22nd, 2026

1 Day

251.69

decreased by 37.65

1 Week

253.36

decreased by 35.98

1 Month

234.69

decreased by 54.65

Analysis last updated: Wednesday, July 22, 2026 at 06:20 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Phoenix Shipping Wuhan Co Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Oct 25, 1993 to Jul 17, 2026

Model Insight

With persistence 0.995, illiquidity shocks have a half-life of 140 trading days (~0.6 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

2.7112
5.67***
α

ARCH

Response to squared shocks

0.1895
13.34***
β

GARCH

Volatility persistence

0.8056
46.15***
γi Spline Coefficients
K=1
γ10.0025
1.18

Persistence:

0.995

Half-life:

140 days