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Kedge Construction 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 Friday, July 24th, 2026

1 Day

689.47

increased by 92.93

1 Week

585.19

decreased by 11.35

1 Month

629.34

increased by 32.80

Analysis last updated: Friday, July 24, 2026 at 08:17 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Kedge Construction Co Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Jun 20, 2001 to Jul 17, 2026

Model Insight

With persistence 1.000, illiquidity shocks have a half-life of 138629 trading days (~550.1 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

0.8737
0.10
α

ARCH

Response to squared shocks

0.1706
0.02
β

GARCH

Volatility persistence

0.8294
0.10
γi Spline Coefficients
K=1
γ1-0.0287
-0.04

Persistence:

1.000

Half-life:

138629 days