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V-Lab

Paycom Software Inc Spline ILLIQ Liquidity Analysis

Illiquidity prediction for Thursday, August 6th, 2026

1 Day

225.63

decreased by 18.99

1 Week

247.06

increased by 2.44

1 Month

218.57

decreased by 26.05

Analysis last updated: Wednesday, August 5, 2026 at 09:47 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Paycom Software Inc ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Apr 15, 2014 to Jul 31, 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 38 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.4458
9.63***
α

ARCH

Response to squared shocks

0.0817
9.21***
β

GARCH

Volatility persistence

0.9003
81.95***
γi Spline Coefficients
K=1
γ10.0255
5.86***

Persistence:

0.982

Half-life:

38 days