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V-Lab

Kyverna Therapeutics Inc Spline ILLIQ Liquidity Analysis

Illiquidity prediction for Wednesday, August 19th, 2026

1 Day

3,692.64

increased by 326.95

1 Week

3,257.01

decreased by 108.68

1 Month

3,574.91

increased by 209.22

Analysis last updated: Tuesday, August 18, 2026 at 09:26 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

All

graph of Kyverna Therapeutics Inc ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Feb 8, 2024 to Aug 14, 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 23 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

0.8040
5.47***
α

ARCH

Response to squared shocks

0.0971
3.82***
β

GARCH

Volatility persistence

0.8736
26.72***
γi Spline Coefficients
K=1
γ1-1.2600
-5.42***

Persistence:

0.971

Half-life:

23 days