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V-Lab

TAT Technologies Ltd Spline ILLIQ Liquidity Analysis

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

Liquidity prediction for Friday, July 10th, 2026

1 Day

4,560.34

decreased by 18.90

1 Week

4,155.50

decreased by 423.74

1 Month

4,785.07

increased by 205.83

Analysis last updated: Thursday, July 9, 2026 at 09:12 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of TAT Technologies Ltd ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Sep 30, 1991 to Jul 2, 2026

Model Insight

With persistence 1.000, illiquidity shocks have a half-life of 86643 trading days (~343.8 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.2856
0.03
α

ARCH

Response to squared shocks

0.1157
0.00
β

GARCH

Volatility persistence

0.8843
0.03
γi Spline Coefficients
K=8
γ1-0.2649
0.00
γ20.1629
0.00
γ3-0.1198
0.00
γ40.6612
0.06
γ5-0.6823
-0.04
γ60.3191
0.02
γ7-0.4479
-0.02
γ80.8323
0.01

Persistence:

1.000

Half-life:

86643 days