V-Lab
Protara Therapeutic Inc Spline ILLIQ Liquidity Analysis
Illiquidity prediction for Monday, August 24th, 2026
1 Day
10,013.59
increased by 1,444.92
1 Week
8,782.96
increased by 214.29
1 Month
12,079.30
increased by 3,510.63
Analysis last updated: Friday, August 21, 2026 at 09:17 PM UTC
News Impact Curve
How returns affect tomorrow's illiquidityIlliquidity Forecast
How illiquidity evolves over timeParameter Estimates
Oct 22, 2014 to Aug 21, 2026Model Insight
With persistence 0.996, illiquidity shocks have a half-life of 160 trading days (~0.6 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 | 0.9666 | 3.90*** |
α ARCH Response to squared shocks | 0.1984 | 12.96*** |
β GARCH Volatility persistence | 0.7973 | 55.12*** |
Spline Coefficients
K=2
| γ1 | -0.2019 | -3.54*** |
| γ2 | 0.3557 | 3.55*** |
Persistence:
0.996
Half-life:
160 days
Other Protara Therapeutic Inc Analyses
Other Spline ILLIQ Analyses on Equities