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	param	t-stat
$m$	21
$α$	0.1819	1.24
$β$	0.7964	248.71
$γ$	-0.1345	-0.46
$λ_{1}$	10.0000	1.24
$λ_{2}$	0.8412	1.25
$λ_{3}$	0.0000	0.05

V-Lab

Jiangsu Phoenix Publishing & Media Corp Ltd ILLIQ-MFMEM Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:64.68 (-3.42)

Date Range:

Parameter Estimates

News Impact Curve

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