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V-Lab

Chongqing Zhixin Industrial Co Ltd Spline ILLIQ Liquidity Analysis

Liquidity prediction for Monday, July 13th, 2026

1 Day

779.52

decreased by 14.94

1 Week

802.37

increased by 7.91

1 Month

634.97

decreased by 159.49

Analysis last updated: Saturday, July 11, 2026 at 06:55 PM UTC

Date Range:

from

to

6M ·

All

graph of Chongqing Zhixin Industrial Co Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Jan 15, 2026 to Jul 10, 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 2 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.0131
7.95***
α

ARCH

Response to squared shocks

0.1945
1.97**
β

GARCH

Volatility persistence

0.4628
1.56
γi Spline Coefficients
K=1
γ11.8950
0.44

Persistence:

0.657

Half-life:

2 days