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Tian Lun Gas Holdings Ltd Spline ILLIQ Liquidity Analysis

Liquidity prediction for Friday, July 10th, 2026

1 Day

11,086.04

increased by 188.29

1 Week

11,400.47

increased by 502.72

1 Month

12,944.32

increased by 2,046.57

Analysis last updated: Friday, July 10, 2026 at 07:07 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Tian Lun Gas Holdings Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Nov 10, 2010 to Jul 3, 2026

Model 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 14 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.7048
2.70***
α

ARCH

Response to squared shocks

0.2369
9.15***
β

GARCH

Volatility persistence

0.7151
21.82***
γi Spline Coefficients
K=10
γ1-0.0368
-0.06
γ2-1.0538
-0.70
γ33.1123
1.94*
γ4-4.5838
-3.95***
γ54.2786
6.46***
γ6-2.1707
-5.45***
γ70.6162
1.74*
γ80.0375
0.09
γ9-0.5823
-1.41
γ101.4627
2.59***

Persistence:

0.952

Half-life:

14 days