Nidec Chaun-Choung Techno Spline ILLIQ Liquidity Analysis
Liquidity prediction for Wednesday, July 8th, 2026
1 Day
2,576.41
increased by 513.63
1 Week
2,272.64
increased by 209.86
1 Month
1,978.50
decreased by 84.28
Analysis last updated: Wednesday, July 8, 2026 at 11:17 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Jul 3, 2003 to Jul 3, 2026Model Insight
With persistence 0.995, illiquidity shocks have a half-life of 142 trading days (~0.6 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 2.6483 | 5.50*** |
α ARCH Response to squared shocks | 0.1980 | 20.17*** |
β GARCH Volatility persistence | 0.7971 | 79.90*** |
Spline Coefficients
K=1
| γ1 | 0.0003 | 0.06 |
Persistence:
0.995
Half-life:
142 days
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