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	param	t-stat
$ω$	1.0621	5.27
$α$	0.1935	10.17
$β$	0.7720	34.99
$γ_{1}$	0.1004	1.72
$γ_{2}$	-0.2304	-2.26

V-Lab

Hatena Co Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:1,655.45 (-236.11)

Date Range:

Parameter Estimates

News Impact Curve

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