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Webtoon Entertainment Inc Spline ILLIQ Liquidity Analysis

Illiquidity prediction for Monday, August 24th, 2026

1 Day

9,725.17

increased by 605.37

1 Week

8,980.86

decreased by 138.94

1 Month

8,982.70

decreased by 137.10

Analysis last updated: Friday, August 21, 2026 at 10:20 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

All

graph of Webtoon Entertainment Inc ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Jun 27, 2024 to Aug 21, 2026

Model Insight

With persistence 0.994, illiquidity shocks have a half-life of 124 trading days (~0.5 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

0.9880
6.80***
α

ARCH

Response to squared shocks

0.1146
5.81***
β

GARCH

Volatility persistence

0.8798
44.23***
γi Spline Coefficients
K=1
γ1-0.3859
-0.73

Persistence:

0.994

Half-life:

124 days