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Contango Silver & Gold Inc Asymmetric ILLIQ Liquidity Analysis

High-persistence model: shocks decay very slowly, so the theoretical long-run value may not be practically meaningful

Illiquidity prediction for Friday, July 31st, 2026

1 Day

4,613.24

increased by 143.08

1 Week

4,493.33

increased by 23.17

1 Month

4,253.89

decreased by 216.27

Analysis last updated: Thursday, July 30, 2026 at 09:51 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Contango Silver & Gold Inc ILLIQ-AMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Dec 21, 2010 to Jul 24, 2026

Model Insight

Estimated persistence of 1.000 is at or above 1 (non-stationary): illiquidity shocks do not decay and the long-run level is undefined, so long-horizon forecasts should be treated with caution.

Asymmetry: Illiquidity rises 29% more after negative returns

μ

ILLIQ-AMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

0.0000
0.00
α

ARCH

Response to squared shocks

0.0508
10.34***
β

GARCH

Volatility persistence

0.9418
327.23***
γ

leverage

Additional response to negative shocks

0.0149
2.21**

Persistence:

1.000

Half-life:

-