Skip to main content
V-Lab

Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd Spline ILLIQ Liquidity Analysis

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

Illiquidity prediction for Monday, July 27th, 2026

1 Day

225.24

increased by 23.04

1 Week

193.49

decreased by 8.71

1 Month

300.05

increased by 97.85

Analysis last updated: Saturday, July 25, 2026 at 11:13 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Sep 24, 2010 to Jul 24, 2026

Model Insight

With persistence 1.000, illiquidity shocks have a half-life of 40773 trading days (~161.8 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.0251
6.94***
α

ARCH

Response to squared shocks

0.2850
1.30
β

GARCH

Volatility persistence

0.7150
3.27***
γi Spline Coefficients
K=1
γ1-0.0157
-1.43

Persistence:

1.000

Half-life:

40773 days