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	param	t-stat
$ω$	1.1582	5.23
$α$	0.1232	16.30
$β$	0.8754	115.29
$γ_{1}$	-0.0867	-6.19
$γ_{2}$	0.1400	6.57
$γ_{3}$	-0.0908	-4.79

V-Lab

PILLAR Corp /Japan Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:32.83 (-1.87)

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Parameter Estimates

News Impact Curve

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