V-Lab
Duos Technologies Group Inc Spline ILLIQ Liquidity Analysis
Illiquidity prediction for Wednesday, September 30th, 2026
1 Day
6,669.15
decreased by 1,478.18
1 Week
7,776.16
decreased by 371.17
1 Month
5,872.16
decreased by 2,275.17
Analysis last updated: Tuesday, September 29, 2026 at 09:10 PM UTC
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News Impact Curve
How returns affect tomorrow's illiquidityIlliquidity Forecast
How illiquidity evolves over timeParameter Estimates
Apr 8, 2016 to Sep 25, 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 10 trading days.
μ
ILLIQ-SMEM Model
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Time-varying baseline: illiquidity reverts to a slowly-shifting spline trend
| Param | Value | t-stat |
|---|---|---|
| ωconst | 3.7207 | 2.19** |
| αARCH | 0.2202 | 7.68*** |
| βGARCH | 0.7118 | 18.83*** |
Spline Coefficients
K=8
| γ1 | -2.6970 | -1.62 |
| γ2 | 4.7157 | 2.06** |
| γ3 | -4.1030 | -3.59*** |
| γ4 | 5.7539 | 4.89*** |
| γ5 | -7.3881 | -6.47*** |
| γ6 | 6.2095 | 6.15*** |
| γ7 | -4.7596 | -6.35*** |
| γ8 | 4.5970 | 5.89*** |
0.932
Persistence10d
Half-lifeμ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 3.7207 | 2.19** |
α ARCH Response to squared shocks | 0.2202 | 7.68*** |
β GARCH Volatility persistence | 0.7118 | 18.83*** |
Spline Coefficients
K=8
| γ1 | -2.6970 | -1.62 |
| γ2 | 4.7157 | 2.06** |
| γ3 | -4.1030 | -3.59*** |
| γ4 | 5.7539 | 4.89*** |
| γ5 | -7.3881 | -6.47*** |
| γ6 | 6.2095 | 6.15*** |
| γ7 | -4.7596 | -6.35*** |
| γ8 | 4.5970 | 5.89*** |
Persistence:
0.932
Half-life:
10 days
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