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V-Lab

Cloudflare Inc Spline ILLIQ Liquidity Analysis

Illiquidity prediction for Monday, September 21st, 2026

1 Day

31.56

decreased by 0.89

1 Week

33.91

increased by 1.46

1 Month

35.91

increased by 3.46

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-SMEM

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

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 62 trading days.

μ

ILLIQ-SMEM Model

Tap to view equation

Time-varying baseline: illiquidity reverts to a slowly-shifting spline trend
ParamValuet-stat
ωconst1.0238
7.17***
αARCH0.0829
7.96***
βGARCH0.9060
81.08***
γi Spline Coefficients
K=1
γ1-0.0502
-2.55**

0.989

Persistence

62d

Half-life
μ

ILLIQ-SMEM Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.0238
7.17***
α

ARCH

Response to squared shocks

0.0829
7.96***
β

GARCH

Volatility persistence

0.9060
81.08***
γi Spline Coefficients
K=1
γ1-0.0502
-2.55**

Persistence:

0.989

Half-life:

62 days