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	param	t-stat
$ω$	0.0330	5.63
$α$	0.0438	12.23
$β$	0.9215	391.95
$γ$	0.0543	7.08

V-Lab

Meituan Asymmetric ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:4.23 (0.44)

Date Range:

Parameter Estimates

News Impact Curve

Liquidity Forecasts

Other Meituan Analyses