Desco Infratech Limited Spline ILLIQ Liquidity Analysis
Liquidity prediction for Wednesday, July 15th, 2026
1 Day
6,127.79
increased by 565.55
1 Week
6,033.54
increased by 471.30
1 Month
4,818.04
decreased by 744.20
Analysis last updated: Wednesday, July 15, 2026 at 07:09 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Apr 1, 2025 to Jul 10, 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 18 trading days.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 0.9880 | 5.69*** |
α ARCH Response to squared shocks | 0.2449 | 4.84*** |
β GARCH Volatility persistence | 0.7176 | 11.07*** |
Spline Coefficients
K=1
| γ1 | -1.9972 | -1.71* |
Persistence:
0.962
Half-life:
18 days
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