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	param	t-stat
$m$	46
$α$	0.1029	0.60
$β$	0.8244	33.64
$γ$	-0.1029	-0.35
$λ_{1}$	8.8042	0.85
$λ_{2}$	0.4499	1.33
$λ_{3}$	0.4744	1.08

V-Lab

Beijing Winsunny ILLIQ-MFMEM Liquidity Analysis

Liquidity Prediction for Wednesday, February 25th, 2026:168.23 (-18.15)

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