Hcl Technologies Ltd Spline ILLIQ Liquidity Analysis
Liquidity prediction for Wednesday, July 15th, 2026
1 Day
4.35
increased by 0.02
1 Week
4.50
increased by 0.17
1 Month
3.96
decreased by 0.37
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
Mar 30, 2000 to Jul 10, 2026Model Insight
With persistence 1.000, illiquidity shocks have a half-life of 2357 trading days (~9.4 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 1.3246 | 1.62 |
α ARCH Response to squared shocks | 0.2013 | 4.22*** |
β GARCH Volatility persistence | 0.7984 | 17.10*** |
Spline Coefficients
K=9
| γ1 | -4.0185 | -1.25 |
| γ2 | 7.9269 | 1.26 |
| γ3 | -5.1538 | -1.19 |
| γ4 | -2.6260 | -0.83 |
| γ5 | 8.9635 | 1.42 |
| γ6 | -6.2137 | -1.41 |
| γ7 | 1.6425 | 1.05 |
| γ8 | -1.5803 | -0.95 |
| γ9 | 1.1886 | 1.25 |
Persistence:
1.000
Half-life:
2357 days
Other Hcl Technologies Ltd Analyses
Other Spline ILLIQ Analyses on International Equities