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V-Lab

Horizon Quantum Holdings LTD Spline ILLIQ Liquidity Analysis

Liquidity prediction for Thursday, July 23rd, 2026

1 Day

1,967.27

decreased by 0.01

1 Week

2,191.65

increased by 224.37

1 Month

4,396.87

increased by 2,429.59

Analysis last updated: Wednesday, July 22, 2026 at 09:24 PM UTC

Date Range:

from

to

6M ·

All

graph of Horizon Quantum Holdings LTD ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Mar 20, 2026 to Jul 17, 2026

Model 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 5 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.2580
4.08***
α

ARCH

Response to squared shocks

0.0000
0.00
β

GARCH

Volatility persistence

0.8607
9.55***
γi Spline Coefficients
K=1
γ1-35.4909
-3.60***

Persistence:

0.861

Half-life:

5 days