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	param	t-stat
$m$	21
$α$	0.1835	0.31
$β$	0.7142	46.87
$γ$	-0.1835	-0.16
$λ_{1}$	10.0000	0.31
$λ_{2}$	0.8788	0.31
$λ_{3}$	0.0000	0.00

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Beijing Topnew Info&Tech Co Ltd ILLIQ-MFMEM Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:76.52 (-7.44)

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