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Wereldhave Belgium NV Asymmetric ILLIQ Liquidity Analysis

High-persistence model: shocks decay very slowly, so the theoretical long-run value may not be practically meaningful

Liquidity prediction for Monday, July 20th, 2026

1 Day

151,887.70

decreased by 3,850.80

1 Week

122,216.70

decreased by 33,521.80

1 Month

97,576.29

decreased by 58,162.21

Analysis last updated: Saturday, July 18, 2026 at 09:00 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Wereldhave Belgium NV ILLIQ-AMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Jun 18, 1998 to Jul 17, 2026

Model Insight

Estimated persistence of 1.000 is at or above 1 (non-stationary): illiquidity shocks do not decay and the long-run level is undefined, so long-horizon forecasts should be treated with caution.

Asymmetry: Illiquidity rises 38% more after negative returns

μ

ILLIQ-AMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

5.0000
0.09
α

ARCH

Response to squared shocks

0.0495
25.39***
β

GARCH

Volatility persistence

0.9411
704.96***
γ

leverage

Additional response to negative shocks

0.0187
5.17***

Persistence:

1.000

Half-life:

-