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
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Jan 15, 2026 to Jul 10, 2026Model 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
| Parameter | Value | t-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 |
Spline Coefficients
K=1
| γ1 | 1.8950 | 0.44 |
Persistence:
0.657
Half-life:
2 days
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