Phoenix Education Partne Inc Asymmetric ILLIQ Liquidity Analysis
Liquidity prediction for Wednesday, July 22nd, 2026
1 Day
5,713.78
decreased by 285.82
1 Week
6,006.26
increased by 6.66
1 Month
6,485.42
increased by 485.82
Analysis last updated: Tuesday, July 21, 2026 at 09:52 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Oct 9, 2025 to Jul 17, 2026Model Insight
With persistence 0.997, illiquidity shocks have a half-life of 210 trading days (~0.8 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.
μ
ILLIQ-AMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 5.0000 | 0.07 |
α ARCH Response to squared shocks | 0.0101 | 0.64 |
β GARCH Volatility persistence | 0.9478 | 117.55*** |
γ leverage Additional response to negative shocks | 0.0775 | 1.69* |
Persistence:
0.997
Half-life:
210 days
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