Kandarp Digi Smart BPO Ltd Spline ILLIQ Liquidity Analysis
Liquidity prediction for Wednesday, July 15th, 2026
1 Day
111,339.20
decreased by 21,880.80
1 Week
94,011.72
decreased by 39,208.28
1 Month
47,803.41
decreased by 85,416.59
Analysis last updated: Wednesday, July 15, 2026 at 07:25 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Sep 28, 2022 to Jul 3, 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 8 trading days.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 1.7251 | 5.48*** |
α ARCH Response to squared shocks | 0.2016 | 4.88*** |
β GARCH Volatility persistence | 0.7120 | 11.82*** |
Spline Coefficients
K=2
| γ1 | -1.3128 | -3.69*** |
| γ2 | 3.1534 | 4.19*** |
Persistence:
0.914
Half-life:
8 days
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