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V-Lab

Pramara Promotions Ltd Spline ILLIQ Liquidity Analysis

Liquidity prediction for Wednesday, July 15th, 2026

1 Day

5,701.33

decreased by 1,477.70

1 Week

5,440.86

decreased by 1,738.17

1 Month

5,605.36

decreased by 1,573.67

Analysis last updated: Wednesday, July 15, 2026 at 07:32 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

All

graph of Pramara Promotions Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Sep 13, 2023 to Jul 10, 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 8 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.4976
4.36***
α

ARCH

Response to squared shocks

0.3244
5.10***
β

GARCH

Volatility persistence

0.5947
9.93***
γi Spline Coefficients
K=4
γ10.1062
0.04
γ2-4.0025
-1.10
γ34.6920
1.93*
γ47.8272
2.23**

Persistence:

0.919

Half-life:

8 days