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V-Lab

Vien Lien Jsc Spline ILLIQ Liquidity Analysis

Liquidity prediction for Wednesday, July 8th, 2026

1 Day

13,069.51

increased by 6,354.24

1 Week

7,623.47

increased by 908.20

1 Month

6,838.31

increased by 123.04

Analysis last updated: Wednesday, July 8, 2026 at 11:28 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of Vien Lien Jsc ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Dec 11, 2007 to Jul 3, 2026

Model Insight

With persistence 0.997, illiquidity shocks have a half-life of 209 trading days (~0.8 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.4395
2.52**
α

ARCH

Response to squared shocks

0.1683
7.48***
β

GARCH

Volatility persistence

0.8283
40.11***
γi Spline Coefficients
K=10
γ1-6.0971
-1.48
γ212.7674
1.65*
γ3-9.3378
-1.88*
γ43.5025
1.63
γ5-1.7280
-1.32
γ61.1645
1.63
γ7-0.8688
-1.24
γ80.9004
1.31
γ9-0.2431
-0.32
γ101.0744
1.25

Persistence:

0.997

Half-life:

209 days