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Guizhou Qianyuan Power Co Ltd Spline 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 13th, 2026

1 Day

119.44

increased by 12.98

1 Week

117.24

increased by 10.78

1 Month

89.41

decreased by 17.05

Analysis last updated: Saturday, July 11, 2026 at 07:06 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Guizhou Qianyuan Power Co Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Mar 3, 2005 to Jul 10, 2026

Model Insight

With persistence 1.000, illiquidity shocks have a half-life of 115524 trading days (~458.4 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

0.3778
0.00
α

ARCH

Response to squared shocks

0.2081
0.00
β

GARCH

Volatility persistence

0.7919
0.00
γi Spline Coefficients
K=3
γ1-0.8973
0.00
γ21.6864
0.00
γ3-1.2863
0.00

Persistence:

1.000

Half-life:

115524 days