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V-Lab

Flywire Corp Asymmetric ILLIQ Liquidity Analysis

Liquidity prediction for Monday, July 13th, 2026

1 Day

700.14

increased by 45.28

1 Week

634.05

decreased by 20.81

1 Month

677.10

increased by 22.24

Analysis last updated: Friday, July 10, 2026 at 10:01 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

All

graph of Flywire Corp ILLIQ-AMEM

News Impact Curve

How returns affect tomorrow's liquidity

Liquidity Forecast

How liquidity evolves over time

Parameter Estimates

May 26, 2021 to Jul 10, 2026

Model Insight

With persistence 0.994, illiquidity shocks have a half-life of 110 trading days (~0.4 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

Asymmetry: Illiquidity rises 159% more after negative returns

μ

ILLIQ-AMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

5.0000
3.80***
α

ARCH

Response to squared shocks

0.0344
7.65***
β

GARCH

Volatility persistence

0.9319
335.33***
γ

leverage

Additional response to negative shocks

0.0549
7.05***

Persistence:

0.994

Half-life:

110 days