Argo Global Listed Infrastructure Limited Spline ILLIQ Liquidity Analysis
Liquidity prediction for Wednesday, July 15th, 2026
1 Day
47,003.97
increased by 2,982.56
1 Week
42,184.99
decreased by 1,836.42
1 Month
41,159.34
decreased by 2,862.07
Analysis last updated: Wednesday, July 15, 2026 at 06:04 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Jul 3, 2015 to Jul 10, 2026Model 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 22 trading days.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 1.4545 | 7.74*** |
α ARCH Response to squared shocks | 0.1000 | 5.97*** |
β GARCH Volatility persistence | 0.8695 | 41.93*** |
Spline Coefficients
K=1
| γ1 | -0.0104 | -1.69* |
Persistence:
0.969
Half-life:
22 days
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