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	param	t-stat
$ω$	0.9715	4.62
$α$	0.1413	14.14
$β$	0.8482	76.85
$γ_{1}$	-0.1001	-5.76
$γ_{2}$	0.1522	6.11
$γ_{3}$	-0.0605	-2.64

V-Lab

Hiramatsu Inc Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Thursday, February 26th, 2026:589.13 (92.38)

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Parameter Estimates

News Impact Curve

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