Bailador Technology Investments Limited Spline ILLIQ Liquidity Analysis
Liquidity prediction for Wednesday, July 15th, 2026
1 Day
66,790.87
decreased by 7,242.51
1 Week
63,858.56
decreased by 10,174.82
1 Month
55,019.03
decreased by 19,014.35
Analysis last updated: Wednesday, July 15, 2026 at 06:05 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Nov 24, 2014 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 20 trading days.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 3.6764 | 2.60*** |
α ARCH Response to squared shocks | 0.1921 | 6.36*** |
β GARCH Volatility persistence | 0.7743 | 21.63*** |
Spline Coefficients
K=1
| γ1 | 0.0109 | 0.77 |
Persistence:
0.966
Half-life:
20 days
Other Bailador Technology Investments Limited Analyses
Other Spline ILLIQ Analyses on Closed-end Funds