Spright Agro Ltd Spline ILLIQ Liquidity Analysis
Liquidity prediction for Monday, July 20th, 2026
1 Day
15,705.99
increased by 12,042.06
1 Week
8,565.76
increased by 4,901.83
1 Month
6,090.38
increased by 2,426.45
Analysis last updated: Sunday, July 19, 2026 at 12:06 AM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Dec 30, 2013 to Jul 17, 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 4 trading days.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 3.3815 | 2.20** |
α ARCH Response to squared shocks | 0.4691 | 9.06*** |
β GARCH Volatility persistence | 0.3720 | 5.98*** |
Spline Coefficients
K=9
| γ1 | -13.0327 | -1.73* |
| γ2 | 30.5736 | 2.80*** |
| γ3 | -14.2108 | -2.68*** |
| γ4 | -12.2325 | -1.99** |
| γ5 | -8.6198 | -0.68 |
| γ6 | 44.0363 | 2.93*** |
| γ7 | -38.9619 | -3.46*** |
| γ8 | 19.6656 | 2.69*** |
| γ9 | -11.8856 | -1.24 |
Persistence:
0.841
Half-life:
4 days
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