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V-Lab

Wereldhave Belgium NV Spline ILLIQ Liquidity Analysis

Liquidity prediction for Monday, July 20th, 2026

1 Day

173,254.70

decreased by 19,155.90

1 Week

130,172.67

decreased by 62,237.93

1 Month

91,008.16

decreased by 101,402.44

Analysis last updated: Saturday, July 18, 2026 at 09:01 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Wereldhave Belgium NV ILLIQ-SMEM

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

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 18 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.2271
7.03***
α

ARCH

Response to squared shocks

0.1230
12.71***
β

GARCH

Volatility persistence

0.8397
63.46***
γi Spline Coefficients
K=6
γ1-0.1419
-6.35***
γ20.2082
5.82***
γ3-0.0937
-3.23***
γ40.0114
0.41
γ50.0832
3.03***
γ6-0.1788
-4.39***

Persistence:

0.963

Half-life:

18 days