Hubei W-OLF Photoelectric Technology Co Ltd Spline ILLIQ Liquidity Analysis
Liquidity prediction for Monday, July 13th, 2026
1 Day
118.67
increased by 0.57
1 Week
146.49
increased by 28.39
1 Month
119.75
increased by 1.65
Analysis last updated: Saturday, July 11, 2026 at 07:17 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Sep 17, 2019 to Jul 10, 2026Model 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 4 trading days.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 0.9120 | 4.31*** |
α ARCH Response to squared shocks | 0.3634 | 7.83*** |
β GARCH Volatility persistence | 0.4844 | 10.50*** |
Spline Coefficients
K=2
| γ1 | -0.2153 | -3.68*** |
| γ2 | 0.4075 | 4.49*** |
Persistence:
0.848
Half-life:
4 days
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