ZhongYeDa Electric Co Ltd Spline ILLIQ Liquidity Analysis
Liquidity prediction for Monday, July 20th, 2026
1 Day
484.22
increased by 48.93
1 Week
526.90
increased by 91.61
1 Month
405.66
decreased by 29.63
Analysis last updated: Saturday, July 18, 2026 at 10:00 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Jul 6, 2010 to Jul 17, 2026Model Insight
With persistence 1.000, illiquidity shocks have a half-life of 2228 trading days (~8.8 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 0.9469 | 5.48*** |
α ARCH Response to squared shocks | 0.2820 | 24.44*** |
β GARCH Volatility persistence | 0.7177 | 63.63*** |
Spline Coefficients
K=1
| γ1 | -0.0030 | -0.13 |
Persistence:
1.000
Half-life:
2228 days
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