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	param	t-stat
$ω$	1.2113	9.04
$α$	0.1335	6.50
$β$	0.8288	31.06
$γ_{1}$	-0.2739	-6.00

V-Lab

Zhang Xiaoquan Inc Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:136.28 (9.87)

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News Impact Curve

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