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Assembly Biosciences Inc Asymmetric ILLIQ Liquidity Analysis

High-persistence model: shocks decay very slowly, so the theoretical long-run value may not be practically meaningful

Liquidity prediction for Thursday, July 9th, 2026

1 Day

4,272.39

decreased by 252.33

1 Week

4,727.00

increased by 202.28

1 Month

5,450.27

increased by 925.55

Analysis last updated: Wednesday, July 8, 2026 at 11:36 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

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graph of Assembly Biosciences Inc ILLIQ-AMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Dec 17, 2010 to Jul 2, 2026

Model Insight

With persistence 1.000, illiquidity shocks have a half-life of 1386294 trading days (~5501.2 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

Asymmetry: Illiquidity rises 56% more after negative returns

μ

ILLIQ-AMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

5.0000
0.68
α

ARCH

Response to squared shocks

0.1014
28.31***
β

GARCH

Volatility persistence

0.8704
445.92***
γ

leverage

Additional response to negative shocks

0.0564
10.80***

Persistence:

1.000

Half-life:

1386294 days