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
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Oct 31, 2014 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 7 trading days.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-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*** |
Spline Coefficients
K=2
| γ1 | -0.0858 | -4.90*** |
| γ2 | 0.1354 | 5.25*** |
Persistence:
0.911
Half-life:
7 days
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