Tectonic Therapeutic Inc Spline ILLIQ Liquidity Analysis
Liquidity prediction for Tuesday, July 14th, 2026
1 Day
4,434.69
decreased by 779.09
1 Week
5,089.52
decreased by 124.26
1 Month
5,601.26
increased by 387.48
Analysis last updated: Monday, July 13, 2026 at 09:32 PM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Jun 21, 2018 to Jul 10, 2026Model Insight
With persistence 0.993, illiquidity shocks have a half-life of 95 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
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 1.1423 | 4.90*** |
α ARCH Response to squared shocks | 0.1708 | 10.37*** |
β GARCH Volatility persistence | 0.8219 | 53.26*** |
Spline Coefficients
K=1
| γ1 | -0.0340 | -0.94 |
Persistence:
0.993
Half-life:
95 days
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