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V-Lab

Jiangxi Avonflow Hvac Tech Spline ILLIQ Liquidity Analysis

Illiquidity prediction for Friday, August 28th, 2026

1 Day

636.42

increased by 32.81

1 Week

703.55

increased by 99.94

1 Month

642.07

increased by 38.46

Analysis last updated: Friday, August 28, 2026 at 06:33 PM UTC

Date Range:

from

to

6M ·

All

graph of Jiangxi Avonflow Hvac Tech ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Sep 10, 2025 to Aug 21, 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 4 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

0.9795
6.73***
α

ARCH

Response to squared shocks

0.2591
4.19***
β

GARCH

Volatility persistence

0.5784
5.40***
γi Spline Coefficients
K=1
γ1-1.5084
-1.32

Persistence:

0.837

Half-life:

4 days