{name} Model Equation

Spline Coefficients

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Parameter	Value	t-statistic
ω const Unconditional variance weight	5.0000	5.40***
α ARCH Response to squared shocks	0.1184	8.87***
β GARCH Volatility persistence	0.8165	147.38***
γ leverage Additional response to negative shocks	0.1301	11.33***

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TOP Energy Co Ltd-A Asymmetric ILLIQ Liquidity Analysis

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