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	param	t-stat
$ω$	0.3812	4.72
$α$	0.1763	4.63
$β$	0.5736	7.28
$γ_{1}$	-2.5372	-4.61
$γ_{2}$	4.0503	5.18
$γ_{3}$	-2.4082	-4.35
$γ_{4}$	1.6900	2.84
$γ_{5}$	-2.7314	-3.71
$γ_{6}$	4.4619	4.95

V-Lab

Tai Hing Group Holdings Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:43,746.66 (-11,107.76)

Date Range:

Parameter Estimates

News Impact Curve

Liquidity Forecasts

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