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V-Lab

Troax Group AB Spline ILLIQ Liquidity Analysis

Liquidity prediction for Wednesday, July 15th, 2026

1 Day

4,524.29

decreased by 126.65

1 Week

4,504.31

decreased by 146.63

1 Month

4,851.59

increased by 200.65

Analysis last updated: Wednesday, July 15, 2026 at 09:04 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Troax Group AB ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Mar 27, 2015 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 20 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

2.5333
10.67***
α

ARCH

Response to squared shocks

0.1094
7.82***
β

GARCH

Volatility persistence

0.8559
45.29***
γi Spline Coefficients
K=1
γ10.0163
3.48***

Persistence:

0.965

Half-life:

20 days