Wuxi Paike New Materials Technology Co Ltd Spline ILLIQ Liquidity Analysis
Liquidity prediction for Monday, July 20th, 2026
1 Day
128.58
increased by 31.91
1 Week
114.54
increased by 17.87
1 Month
96.33
decreased by 0.34
Analysis last updated: Saturday, July 18, 2026 at 09:40 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Aug 25, 2020 to Jul 17, 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 1 trading day.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 1.0989 | 9.48*** |
α ARCH Response to squared shocks | 0.1377 | 5.11*** |
β GARCH Volatility persistence | 0.4779 | 7.75*** |
Spline Coefficients
K=5
| γ1 | -1.4579 | -5.34*** |
| γ2 | 2.1164 | 5.41*** |
| γ3 | -0.4258 | -1.77* |
| γ4 | -1.4267 | -6.44*** |
| γ5 | 2.6896 | 8.00*** |
Persistence:
0.616
Half-life:
1 days
Other Wuxi Paike New Materials Technology Co Ltd Analyses
Other Spline ILLIQ Analyses on International Equities