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	param	t-stat
$m$	26
$α$	0.2002	1.22
$β$	0.2810	3.35
$γ$	-0.2002	-0.49
$λ_{1}$	10.0000	0.11
$λ_{2}$	0.3349	1.98
$λ_{3}$	0.6651	3.30

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Fuguiniao Co Ltd ILLIQ-MFMEM Liquidity Analysis

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Parameter Estimates

News Impact Curve

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