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HBIS Resources Co Ltd Spline ILLIQ Liquidity Analysis

Liquidity prediction for Wednesday, July 15th, 2026

1 Day

127.33

increased by 6.99

1 Week

134.02

increased by 13.68

1 Month

117.20

decreased by 3.14

Analysis last updated: Wednesday, July 15, 2026 at 06:21 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of HBIS Resources Co Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Jul 14, 1999 to Jul 10, 2026

Model Insight

With persistence 1.000, illiquidity shocks have a half-life of 3224 trading days (~12.8 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

0.7563
3.90***
α

ARCH

Response to squared shocks

0.3000
9.35***
β

GARCH

Volatility persistence

0.6998
21.86***
γi Spline Coefficients
K=8
γ1-1.2875
-1.99**
γ24.1004
2.32**
γ3-6.8401
-2.03**
γ47.6932
1.51
γ5-5.2214
-1.25
γ61.7255
1.21
γ7-0.2342
-1.29
γ80.0783
0.49

Persistence:

1.000

Half-life:

3224 days