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V-Lab

Teejay Lanka Plc Spline ILLIQ Liquidity Analysis

Liquidity prediction for Thursday, July 9th, 2026

1 Day

11,149.77

increased by 5,511.82

1 Week

7,111.67

increased by 1,473.72

1 Month

4,170.94

decreased by 1,467.01

Analysis last updated: Thursday, July 9, 2026 at 08:25 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Teejay Lanka Plc ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Aug 15, 2011 to Jul 3, 2026

Model 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 17 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

0.7402
1.85*
α

ARCH

Response to squared shocks

0.3359
4.09***
β

GARCH

Volatility persistence

0.6243
10.24***
γi Spline Coefficients
K=10
γ1-3.1000
-3.86***
γ23.8761
3.46***
γ3-0.5328
-0.95
γ40.3112
0.50
γ5-0.7676
-1.03
γ6-1.4563
-2.50**
γ73.8728
6.44***
γ8-3.0858
-4.62***
γ90.0865
0.12
γ102.1788
2.71***

Persistence:

0.960

Half-life:

17 days