{name} Model Equation

Spline Coefficients

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Parameter	Value	t-statistic
ω const Unconditional variance weight	2.1704	5.21***
α ARCH Response to squared shocks	0.1658	8.56***
β GARCH Volatility persistence	0.8259	43.77***

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Ekitan & Co Ltd Spline ILLIQ Liquidity Analysis

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News Impact Curve

Liquidity Forecast

Parameter Estimates

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