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	param	t-stat
$m$	126
$α$	0.1511	0.56
$β$	0.8570	186.18
$γ$	-0.1511	-0.35
$λ_{1}$	0.9645	0.86
$λ_{2}$	0.0000	0.00
$λ_{3}$	0.9784	53.92

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Daido Kogyo Co Ltd ILLIQ-MFMEM Liquidity Analysis

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Parameter Estimates

News Impact Curve

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