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	param	t-stat
$ω$	1.1435	6.01
$α$	0.0763	11.39
$β$	0.9145	101.68
$γ_{1}$	-0.0032	-1.42
$γ_{2}$	0.0095	2.47

V-Lab

Santen Pharmaceutical Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Thursday, February 26th, 2026:6.37 (0.43)

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Parameter Estimates

News Impact Curve

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