Skip to main content
V-Lab

Nanshan Aluminium Internatio Spline ILLIQ Liquidity Analysis

Liquidity prediction for Monday, July 20th, 2026

1 Day

852.10

increased by 22.89

1 Week

887.52

increased by 58.31

1 Month

957.81

increased by 128.60

Analysis last updated: Saturday, July 18, 2026 at 11:32 PM UTC

Date Range:

from

to

6M ·

1Y ·

All

graph of Nanshan Aluminium Internatio ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Mar 25, 2025 to Jul 17, 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 29 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.1919
4.93***
α

ARCH

Response to squared shocks

0.1606
3.69***
β

GARCH

Volatility persistence

0.8159
16.17***
γi Spline Coefficients
K=1
γ10.0466
0.03

Persistence:

0.977

Half-life:

29 days