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Jiangsu Pacific Quartz Co Ltd Spline ILLIQ Liquidity Analysis

Liquidity prediction for Monday, July 13th, 2026

1 Day

32.72

decreased by 6.90

1 Week

32.91

decreased by 6.71

1 Month

24.24

decreased by 15.38

Analysis last updated: Saturday, July 11, 2026 at 06:57 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Jiangsu Pacific Quartz Co Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Oct 31, 2014 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 7 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

0.8198
5.05***
α

ARCH

Response to squared shocks

0.2877
7.69***
β

GARCH

Volatility persistence

0.6234
25.79***
γi Spline Coefficients
K=2
γ1-0.0858
-4.90***
γ20.1354
5.25***

Persistence:

0.911

Half-life:

7 days