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V-Lab

Apex Biotechnology Co Ltd Spline ILLIQ Liquidity Analysis

Illiquidity prediction for Monday, August 17th, 2026

1 Day

1,842.04

increased by 14.37

1 Week

1,716.17

decreased by 111.50

1 Month

1,741.13

decreased by 86.54

Analysis last updated: Sunday, August 16, 2026 at 12:51 AM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Apex Biotechnology Co Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Sep 10, 2001 to Aug 14, 2026

Model Insight

This model fits a time-varying baseline (a spline), so illiquidity mean-reverts toward a slowly-shifting long-run level rather than a constant. Short-run deviations decay with a half-life of 64 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.7088
6.39***
α

ARCH

Response to squared shocks

0.1601
16.73***
β

GARCH

Volatility persistence

0.8292
85.40***
γi Spline Coefficients
K=1
γ10.0075
3.96***

Persistence:

0.989

Half-life:

64 days