Chongqing Zhixin Industrial Co Ltd Asymmetric ILLIQ Liquidity Analysis
High-persistence model: shocks decay very slowly, so the theoretical long-run value may not be practically meaningful
Liquidity prediction for Monday, July 13th, 2026
1 Day
742.53
decreased by 35.57
1 Week
717.50
decreased by 60.60
1 Month
597.49
decreased by 180.61
Analysis last updated: Saturday, July 11, 2026 at 06:55 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Jan 15, 2026 to Jul 10, 2026Model Insight
With persistence 1.000, illiquidity shocks have a half-life of 1386294 trading days (~5501.2 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.
μ
ILLIQ-AMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 0.7174 | 0.34 |
α ARCH Response to squared shocks | 0.0000 | 0.00 |
β GARCH Volatility persistence | 0.9534 | 84.20*** |
γ leverage Additional response to negative shocks | 0.0933 | 3.01*** |
Persistence:
1.000
Half-life:
1386294 days
Other Chongqing Zhixin Industrial Co Ltd Analyses
Other Asymmetric ILLIQ Analyses on International Equities