Guangzhou Devotion Thermal Technology Co Ltd Spline ILLIQ Liquidity Analysis
Liquidity prediction for Friday, July 17th, 2026
1 Day
405.92
decreased by 85.77
1 Week
436.20
decreased by 55.49
1 Month
295.69
decreased by 196.00
Analysis last updated: Friday, July 17, 2026 at 06:47 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Jul 10, 2012 to Jul 10, 2026Model Insight
With persistence 1.000, illiquidity shocks have a half-life of 5415 trading days (~21.5 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 1.0013 | 6.69*** |
α ARCH Response to squared shocks | 0.2800 | 24.17*** |
β GARCH Volatility persistence | 0.7198 | 62.10*** |
Spline Coefficients
K=1
| γ1 | -0.0062 | -0.51 |
Persistence:
1.000
Half-life:
5415 days
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