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	param	t-stat
$ω$	1.5455	8.17
$α$	0.1893	10.33
$β$	0.7827	37.43
$γ_{1}$	-0.1240	-3.35

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Beijing Topnew Info&Tech Co Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:71.00 (-5.21)

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