Ryman Hospitality Properties Inc Spline ILLIQ Liquidity Analysis
Liquidity prediction for Monday, July 20th, 2026
1 Day
193.15
decreased by 0.03
1 Week
206.93
increased by 13.75
1 Month
205.85
increased by 12.67
Analysis last updated: Friday, July 17, 2026 at 11:16 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Oct 24, 1991 to Jul 17, 2026Model Insight
With persistence 0.998, illiquidity shocks have a half-life of 294 trading days (~1.2 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 1.6634 | 4.54*** |
α ARCH Response to squared shocks | 0.0764 | 8.45*** |
β GARCH Volatility persistence | 0.9212 | 94.70*** |
Spline Coefficients
K=2
| γ1 | -0.0075 | -1.66* |
| γ2 | 0.0147 | 1.83* |
Persistence:
0.998
Half-life:
294 days
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