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	param	t-stat
$ω$	0.7529	4.36
$α$	0.2202	1.35
$β$	0.7798	4.78
$γ_{1}$	-0.1328	-5.27
$γ_{2}$	0.2126	5.87

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The E&M Co Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:167.19 (-3.34)

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