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	param	t-stat
$ω$	1.8565	6.14
$α$	0.1891	15.84
$β$	0.8073	67.35
$γ_{1}$	-0.0050	-2.22

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Phihong Technology Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:126.14 (-29.72)

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