V-Lab
Rezolute Inc Spline ILLIQ Liquidity Analysis
High-persistence model: shocks decay very slowly, so the theoretical long-run value may not be practically meaningful
Illiquidity prediction for Tuesday, August 25th, 2026
1 Day
3,423.46
decreased by 120.28
1 Week
3,653.22
increased by 109.48
1 Month
5,432.08
increased by 1,888.34
Analysis last updated: Monday, August 24, 2026 at 09:18 PM UTC
News Impact Curve
How returns affect tomorrow's illiquidityIlliquidity Forecast
How illiquidity evolves over timeParameter Estimates
Nov 10, 2020 to Aug 21, 2026Model Insight
With persistence 1.000, illiquidity shocks have a half-life of 77016 trading days (~305.6 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 0.9358 | 0.11 |
α ARCH Response to squared shocks | 0.2366 | 0.02 |
β GARCH Volatility persistence | 0.7634 | 0.08 |
Spline Coefficients
K=2
| γ1 | -1.8879 | -2.13** |
| γ2 | 2.4679 | 0.33 |
Persistence:
1.000
Half-life:
77016 days
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