How illiquidity evolves over time

{name} Model Equation

How returns affect tomorrow's illiquidity

Spline Coefficients

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Parameter	Value	t-statistic
ω const Unconditional variance weight	0.4925	6.06***
α ARCH Response to squared shocks	0.7847	8.61***
β GARCH Volatility persistence	0.2133	2.45**

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Gaudium IVF & Women Health Ltd Spline ILLIQ Liquidity Analysis

Date Range:

News Impact Curve

Illiquidity Forecast

Parameter Estimates

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