Composite Score History
The DLI composite z-score over time, with regime bands shaded. Positive values indicate tighter liquidity; negative values indicate easier conditions. Bands are based on the rolling 5-year percentile of the composite.
Composite Score
red shading = tight regime · green shading = loose regime
Loose
≤ P20
— of days
Mildly Loose
P20–P50
— of days
Mildly Tight
P50–P80
— of days
Tight
≥ P80
— of days