Sanara Medtech Inc Spline ILLIQ Liquidity Analysis
Illiquidity prediction for Tuesday, November 10th, 2026
1 Day
7,482.15
increased by 4,500.73
1 Week
3,668.86
increased by 687.44
1 Month
1,866.18
decreased by 1,115.24
Analysis last updated: Monday, November 9, 2026 at 10:15 PM UTC
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News Impact Curve
How returns affect tomorrow's illiquidityIlliquidity Forecast
How illiquidity evolves over timeParameter Estimates
Jan 8, 1998 to Nov 6, 2026Model Insight
With persistence 0.998, illiquidity shocks have a half-life of 293 trading days (~1.2 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.
μ
ILLIQ-SMEM Model
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High persistence: persistence 0.998, shock half-life ~293 days
| Param | Value | t-stat |
|---|---|---|
| ωconst | 1.0728 | 2.04** |
| αARCH | 0.1902 | 8.80*** |
| βGARCH | 0.8075 | 39.99*** |
Spline Coefficients
K=10
| γ1 | -0.7285 | -1.38 |
| γ2 | 1.2937 | 1.60 |
| γ3 | -1.2548 | -2.21** |
| γ4 | 1.7729 | 4.98*** |
| γ5 | -2.1232 | -5.95*** |
| γ6 | 0.8304 | 1.18 |
| γ7 | 0.0508 | 0.04 |
| γ8 | 1.1084 | 0.84 |
| γ9 | -1.4343 | -1.43 |
| γ10 | 0.1740 | 0.22 |
0.998
Persistence293d
Half-lifeμ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 1.0728 | 2.04** |
α ARCH Response to squared shocks | 0.1902 | 8.80*** |
β GARCH Volatility persistence | 0.8075 | 39.99*** |
Spline Coefficients
K=10
| γ1 | -0.7285 | -1.38 |
| γ2 | 1.2937 | 1.60 |
| γ3 | -1.2548 | -2.21** |
| γ4 | 1.7729 | 4.98*** |
| γ5 | -2.1232 | -5.95*** |
| γ6 | 0.8304 | 1.18 |
| γ7 | 0.0508 | 0.04 |
| γ8 | 1.1084 | 0.84 |
| γ9 | -1.4343 | -1.43 |
| γ10 | 0.1740 | 0.22 |
Persistence:
0.998
Half-life:
293 days
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