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EBIX Ltd Spline ILLIQ Liquidity Analysis

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

Liquidity prediction for Tuesday, July 14th, 2026

1 Day

8,202.68

increased by 2,942.18

1 Week

5,958.17

increased by 697.67

1 Month

5,982.04

increased by 721.54

Analysis last updated: Tuesday, July 14, 2026 at 06:50 PM UTC

Date Range:

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to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

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graph of EBIX Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Oct 29, 2013 to Jul 10, 2026

Model Insight

With persistence 1.000, illiquidity shocks have a half-life of 693147 trading days (~2750.6 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

0.6912
α

ARCH

Response to squared shocks

0.2916
β

GARCH

Volatility persistence

0.7084
γi Spline Coefficients
K=1
γ10.2646

Persistence:

1.000

Half-life:

693147 days