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	param	t-stat
$m$	121
$α$	0.2717	0.03
$β$	0.7767	60.90
$γ$	-0.1203	-0.01
$λ_{1}$	3.0748	0.04
$λ_{2}$	0.0000	0.00
$λ_{3}$	0.9697	4.64

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Ting Sin Co Ltd ILLIQ-MFMEM Liquidity Analysis

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Parameter Estimates

News Impact Curve

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