V-Lab
Kidswant Digital Technology Co Ltd Spline ILLIQ Liquidity Analysis
Illiquidity prediction for Monday, July 27th, 2026
1 Day
92.66
increased by 20.05
1 Week
85.38
increased by 12.77
1 Month
113.16
increased by 40.55
Analysis last updated: Saturday, July 25, 2026 at 11:43 PM UTC
News Impact Curve
How returns affect tomorrow's illiquidityIlliquidity Forecast
How illiquidity evolves over timeParameter Estimates
Oct 14, 2021 to Jul 24, 2026Model Insight
With persistence 0.992, illiquidity shocks have a half-life of 82 trading days (~0.3 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 | 1.1737 | 6.52*** |
α ARCH Response to squared shocks | 0.1642 | 8.56*** |
β GARCH Volatility persistence | 0.8274 | 41.44*** |
Spline Coefficients
K=1
| γ1 | -0.3196 | -2.94*** |
Persistence:
0.992
Half-life:
82 days
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