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	param	t-stat
$ω$	1.1147	7.45
$α$	0.1532	7.50
$β$	0.8077	32.40
$γ_{1}$	-0.2789	-5.67

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Hualan Group Co Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:73.25 (-7.17)

Date Range:

Parameter Estimates

News Impact Curve

Liquidity Forecasts

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