Skip to main content
V-Lab
V-Lab

Value Convergence Holdings Ltd Spline ILLIQ Liquidity Analysis

Illiquidity prediction for Friday, September 11th, 2026

1 Day

35,759.43

decreased by 1,864.56

1 Week

35,839.74

decreased by 1,784.25

1 Month

55,661.98

increased by 18,037.99

Analysis last updated: Friday, September 11, 2026 at 07:16 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Value Convergence Holdings Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Aug 15, 2008 to Sep 4, 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 60 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

Time-varying baseline: illiquidity reverts to a slowly-shifting spline trend
ParamValuet-stat
ωconst22.5848
3.97***
αARCH0.2064
6.42***
βGARCH0.7822
25.70***
γi Spline Coefficients
K=9
γ1-0.0606
-0.10
γ21.6155
1.45
γ3-2.5846
-2.50**
γ41.2571
2.07**
γ50.2633
0.49
γ6-0.8100
-1.14
γ70.7099
0.97
γ8-0.2461
-0.30
γ9-3.2120
-1.69*

0.989

Persistence

60d

Half-life
μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

22.5848
3.97***
α

ARCH

Response to squared shocks

0.2064
6.42***
β

GARCH

Volatility persistence

0.7822
25.70***
γi Spline Coefficients
K=9
γ1-0.0606
-0.10
γ21.6155
1.45
γ3-2.5846
-2.50**
γ41.2571
2.07**
γ50.2633
0.49
γ6-0.8100
-1.14
γ70.7099
0.97
γ8-0.2461
-0.30
γ9-3.2120
-1.69*

Persistence:

0.989

Half-life:

60 days