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Perpetual Equity Investment Company Limited Spline ILLIQ Liquidity Analysis

Illiquidity prediction for Monday, August 17th, 2026

1 Day

26,281.16

decreased by 1,047.93

1 Week

29,421.82

increased by 2,092.73

1 Month

28,304.82

increased by 975.73

Analysis last updated: Saturday, August 15, 2026 at 06:14 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Perpetual Equity Investment Company Limited ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Dec 18, 2014 to Aug 14, 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 13 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.5520
11.30***
α

ARCH

Response to squared shocks

0.1045
6.38***
β

GARCH

Volatility persistence

0.8425
36.17***
γi Spline Coefficients
K=1
γ1-0.0084
-2.01**

Persistence:

0.947

Half-life:

13 days