Skip to main content
V-Lab

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

Liquidity prediction for Tuesday, July 21st, 2026

1 Day

540.03

decreased by 33.42

1 Week

657.57

increased by 84.12

1 Month

639.22

increased by 65.77

Analysis last updated: Tuesday, July 21, 2026 at 07:55 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 liquidity

Liquidity Forecast

How liquidity 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