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Tectonic Therapeutic Inc Asymmetric ILLIQ Liquidity Analysis

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

Liquidity prediction for Tuesday, July 14th, 2026

1 Day

4,321.55

decreased by 695.63

1 Week

4,740.33

decreased by 276.85

1 Month

5,042.70

increased by 25.52

Analysis last updated: Monday, July 13, 2026 at 09:32 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

All

graph of Tectonic Therapeutic Inc ILLIQ-AMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

Jun 21, 2018 to Jul 10, 2026

Model Insight

With persistence 1.000, illiquidity shocks have a half-life of 693147 trading days (~2750.6 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

Asymmetry: Illiquidity rises 52% more after negative returns

μ

ILLIQ-AMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

5.0000
0.35
α

ARCH

Response to squared shocks

0.1156
19.34***
β

GARCH

Volatility persistence

0.8543
298.20***
γ

leverage

Additional response to negative shocks

0.0602
5.38***

Persistence:

1.000

Half-life:

693147 days