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	param	t-stat
$ω$	1.1433	7.14
$α$	0.1659	7.28
$β$	0.8107	32.55
$γ_{1}$	-0.3023	-2.99

V-Lab

Shanghai National Center Of Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:169.41 (15.09)

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Parameter Estimates

News Impact Curve

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