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	param	t-stat
$ω$	0.8467	4.24
$α$	0.3026	6.77
$β$	0.5875	16.16
$γ_{1}$	-0.0238	-1.23

V-Lab

Tianfeng Securities Co., Ltd. Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:16.55 (1.57)

Date Range:

Parameter Estimates

News Impact Curve

Liquidity Forecasts

Other Tianfeng Securities Co., Ltd. Analyses