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Paycom Software Inc Asymmetric ILLIQ Liquidity Analysis

Liquidity prediction for Thursday, July 16th, 2026

1 Day

204.02

decreased by 8.49

1 Week

199.68

decreased by 12.83

1 Month

199.07

decreased by 13.44

Analysis last updated: Wednesday, July 15, 2026 at 10:07 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

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10Y ·

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graph of Paycom Software Inc ILLIQ-AMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Apr 15, 2014 to Jul 10, 2026

Model Insight

With persistence 0.994, illiquidity shocks have a half-life of 116 trading days (~0.5 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

Asymmetry: Illiquidity rises 120% more after negative returns

μ

ILLIQ-AMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.4470
12.95***
α

ARCH

Response to squared shocks

0.0481
19.14***
β

GARCH

Volatility persistence

0.9171
515.52***
γ

leverage

Additional response to negative shocks

0.0577
11.18***

Persistence:

0.994

Half-life:

116 days