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	param	t-stat
$ω$	1.5729	4.96
$α$	0.2047	17.68
$β$	0.7914	67.86
$γ_{1}$	-0.0039	-0.96

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Jin Yang Pharm Co Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:35.78 (-9.11)

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Parameter Estimates

News Impact Curve

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