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V-Lab

Jiangxi Avonflow Hvac Tech Spline ILLIQ Liquidity Analysis

Liquidity prediction for Monday, July 20th, 2026

1 Day

976.80

decreased by 118.98

1 Week

1,243.73

increased by 147.95

1 Month

1,097.54

increased by 1.76

Analysis last updated: Saturday, July 18, 2026 at 10:15 PM UTC

Date Range:

from

to

6M ·

All

graph of Jiangxi Avonflow Hvac Tech ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Sep 10, 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 3 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.0329
7.86***
α

ARCH

Response to squared shocks

0.2423
3.37***
β

GARCH

Volatility persistence

0.5353
3.68***
γi Spline Coefficients
K=1
γ10.1684
0.11

Persistence:

0.778

Half-life:

3 days