Donear Industries Ltd Spline ILLIQ Liquidity Analysis
Liquidity prediction for Wednesday, July 15th, 2026
1 Day
6,878.73
increased by 25.07
1 Week
6,437.08
decreased by 416.58
1 Month
5,162.26
decreased by 1,691.40
Analysis last updated: Wednesday, July 15, 2026 at 07:20 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Jan 1, 2007 to Jul 10, 2026Model Insight
With persistence 0.999, illiquidity shocks have a half-life of 1159 trading days (~4.6 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 | 0.5385 | 3.52*** |
α ARCH Response to squared shocks | 0.2069 | 13.92*** |
β GARCH Volatility persistence | 0.7925 | 53.44*** |
Spline Coefficients
K=4
| γ1 | 0.1650 | 3.44*** |
| γ2 | -0.6624 | -6.74*** |
| γ3 | 1.0285 | 8.48*** |
| γ4 | -0.7093 | -5.16*** |
Persistence:
0.999
Half-life:
1159 days
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