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Cairn Homes plc Spline ILLIQ Liquidity Analysis

Liquidity prediction for Friday, July 10th, 2026

1 Day

9,095.27

increased by 2,417.52

1 Week

6,633.47

decreased by 44.28

1 Month

5,740.87

decreased by 936.88

Analysis last updated: Friday, July 10, 2026 at 07:40 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

All

graph of Cairn Homes plc ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Jul 26, 2017 to Jul 3, 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

5.1914
2.00**
α

ARCH

Response to squared shocks

0.1064
2.71***
β

GARCH

Volatility persistence

0.8011
8.19***
γi Spline Coefficients
K=3
γ10.4380
3.18***
γ2-0.6448
-3.73***
γ30.3542
4.36***

Persistence:

0.907

Half-life:

7 days