Skip to main content
V-Lab

CVS Health Corp Spline ILLIQ Liquidity Analysis

Liquidity prediction for Tuesday, July 21st, 2026

1 Day

17.13

decreased by 0.98

1 Week

18.60

increased by 0.49

1 Month

19.48

increased by 1.37

Analysis last updated: Monday, July 20, 2026 at 09:41 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of CVS Health Corp ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Jan 2, 1990 to Jul 17, 2026

Model Insight

With persistence 0.999, illiquidity shocks have a half-life of 601 trading days (~2.4 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.0615
7.97***
α

ARCH

Response to squared shocks

0.0682
7.71***
β

GARCH

Volatility persistence

0.9306
111.40***
γi Spline Coefficients
K=2
γ1-0.0096
-1.93*
γ20.0193
2.19**

Persistence:

0.999

Half-life:

601 days