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Tectonic Therapeutic Inc Spline ILLIQ Liquidity Analysis

Illiquidity prediction for Tuesday, August 4th, 2026

1 Day

5,808.24

decreased by 836.42

1 Week

6,630.08

decreased by 14.58

1 Month

5,558.48

decreased by 1,086.18

Analysis last updated: Monday, August 3, 2026 at 09:31 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

All

graph of Tectonic Therapeutic Inc ILLIQ-SMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Jun 21, 2018 to Jul 31, 2026

Model Insight

With persistence 0.993, illiquidity shocks have a half-life of 97 trading days (~0.4 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

1.1416
4.90***
α

ARCH

Response to squared shocks

0.1712
10.37***
β

GARCH

Volatility persistence

0.8217
53.07***
γi Spline Coefficients
K=1
γ1-0.0350
-0.96

Persistence:

0.993

Half-life:

97 days