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Xunfei Healthcare Tech Co Spline ILLIQ Liquidity Analysis

Illiquidity prediction for Monday, August 24th, 2026

1 Day

3,705.55

decreased by 306.59

1 Week

4,773.52

increased by 761.38

1 Month

5,894.38

increased by 1,882.24

Analysis last updated: Saturday, August 22, 2026 at 08:47 PM UTC

Date Range:

from

to

6M ·

1Y ·

All

graph of Xunfei Healthcare Tech Co ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Dec 30, 2024 to Aug 21, 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 5 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.2441
3.49***
α

ARCH

Response to squared shocks

0.3178
3.42***
β

GARCH

Volatility persistence

0.5425
5.75***
γi Spline Coefficients
K=1
γ11.1329
2.16**

Persistence:

0.860

Half-life:

5 days