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Cloudflare Inc Asymmetric ILLIQ Liquidity Analysis

Illiquidity prediction for Monday, September 21st, 2026

1 Day

38.40

increased by 0.32

1 Week

39.99

increased by 1.91

1 Month

43.59

increased by 5.51

Analysis last updated: Friday, September 18, 2026 at 11:38 PM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

All

graph of Cloudflare Inc ILLIQ-AMEM

News Impact Curve

How returns affect tomorrow's illiquidity

Illiquidity Forecast

How illiquidity evolves over time

Parameter Estimates

Sep 13, 2019 to Sep 18, 2026

Model Insight

With persistence 0.992, illiquidity shocks have a half-life of 88 trading days (~0.3 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate.

Asymmetry: illiquidity responds almost entirely to negative returns

μ

ILLIQ-AMEM Model

Tap to view equation

High persistence: persistence 0.992, shock half-life ~88 daysAsymmetry: illiquidity responds almost entirely to negative returns
ParamValuet-stat
ωconst0.7023
2.06**
αARCH0.0191
1.45
βGARCH0.9243
101.50***
γleverage0.0976
3.48***

0.992

Persistence

88d

Half-life
μ

ILLIQ-AMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

0.7023
2.06**
α

ARCH

Response to squared shocks

0.0191
1.45
β

GARCH

Volatility persistence

0.9243
101.50***
γ

leverage

Additional response to negative shocks

0.0976
3.48***

Persistence:

0.992

Half-life:

88 days