In this paper, we report the results of a centroid molecular dynamics (CMD) study of the canonical velocity autocorrelation functions (VACFs) in liquid Ne-D_{2} mixtures at a temperature of T=30K and in the full D_{2}-concentration range (0%≤x_{D_{2}}≤100%). This binary system was selected because of its moderate, although sizable, quantum effects which, as far as its equilibrium properties are concerned, are fully described by the path integral Monte Carlo (PIMC) simulations that have been also implemented. A comprehensive test of the VACF spectral moments carried out using three physical quantities (namely, mean kinetic energy, Einstein frequency, and mean-squared force) obtained from PIMC was performed revealing the potentialities, as well as the limitations, of the CMD approach to the single-particle dynamics in these low-T liquid mixtures. Additional physical information was extracted from the canonical VACFs by fitting their spectra via two distinct methods: the Levesque-Verlet model (LV, very flexible but highly heuristic) and the itinerant oscillator model (IO, based on the physical ground of a single particle rattling inside a short-lived diffusing pseudocage). Both provided good fits of the CMD outputs, with LV being always more adequate than IO in the case of the Ne VACFs, while, as for the D_{2} VACFs, the LV superiority is evident only at high x_{D_{2}} values. However, a peculiar and systematic effect was found after analyzing the IO-fitted parameters: the estimated pseudocage masses turned out to be at least one order of magnitude lower than the corresponding values inferred from the PIMC simulations. This outcome concerns both the Ne and the D_{2} rattling molecule and, as we also discovered, had already been observed (but promptly forgotten) in purely classical simulations of liquid Ar. The possible physical origins of this finding have been finally discussed in some detail, also in connection with the result of the more recent exponential expansion theory (EET), which manages to shed more light on the concept of single particles rattling inside short-lived pseudocages, ultimately demonstrating its untenability.
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