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V-Lab

Flywire Corp Spline ILLIQ Liquidity Analysis

Liquidity prediction for Monday, July 13th, 2026

1 Day

698.11

increased by 26.06

1 Week

638.09

decreased by 33.96

1 Month

686.44

increased by 14.39

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-SMEM

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

This model fits a time-varying baseline (a spline), so illiquidity mean-reverts toward a slowly-shifting long-run level rather than a constant. Short-run deviations decay with a half-life of 59 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.1579
7.98***
α

ARCH

Response to squared shocks

0.0836
6.65***
β

GARCH

Volatility persistence

0.9047
68.73***
γi Spline Coefficients
K=1
γ1-0.0759
-1.71*

Persistence:

0.988

Half-life:

59 days