Pantheon Infrastructure PLC Spline ILLIQ Liquidity Analysis
Liquidity prediction for Wednesday, July 15th, 2026
1 Day
15,013.47
decreased by 11,478.49
1 Week
16,491.94
decreased by 10,000.02
1 Month
15,770.77
decreased by 10,721.19
Analysis last updated: Wednesday, July 15, 2026 at 09:10 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Nov 16, 2021 to Jul 10, 2026Model 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 1 trading day.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 1.4503 | 13.69*** |
α ARCH Response to squared shocks | 0.1376 | 2.70*** |
β GARCH Volatility persistence | 0.1615 | 0.78 |
Spline Coefficients
K=1
| γ1 | -0.0968 | -4.37*** |
Persistence:
0.299
Half-life:
1 days
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