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	param	t-stat
$ω$	0.9012	6.46
$α$	0.2033	15.77
$β$	0.7961	61.65
$γ_{1}$	-0.1524	-12.53
$γ_{2}$	0.2723	11.77

V-Lab

Marumae Co Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:39.42 (1.08)

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Parameter Estimates

News Impact Curve

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