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Semilux International Ltd -Redh Spline ILLIQ Liquidity Analysis

Liquidity prediction for Monday, July 20th, 2026

1 Day

522,244,100.00

decreased by 119,261,400.00

1 Week

603,254,450.00

decreased by 38,251,050.00

1 Month

514,935,999.44

decreased by 126,569,500.56

Analysis last updated: Saturday, July 18, 2026 at 09:56 AM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

All

graph of Semilux International Ltd -Redh ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Apr 28, 2022 to Jul 17, 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 3 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

0.0515
1.78*
α

ARCH

Response to squared shocks

0.3252
4.44***
β

GARCH

Volatility persistence

0.4406
5.14***
γi Spline Coefficients
K=9
γ1-37.4991
-3.57***
γ254.5662
3.82***
γ3-19.2647
-2.54**
γ49.0390
1.05
γ5-14.2432
-1.44
γ65.7651
0.69
γ72.3467
0.33
γ8-7.9789
-1.01
γ942.1820
2.59***

Persistence:

0.766

Half-life:

3 days