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
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Oct 25, 1993 to Jul 17, 2026Model 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
| Parameter | Value | t-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*** |
Spline Coefficients
K=1
| γ1 | 0.0025 | 1.18 |
Persistence:
0.995
Half-life:
140 days
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