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	param	t-stat
$ω$	1.9253	6.78
$α$	0.0901	11.20
$β$	0.8958	92.47
$γ_{1}$	-0.0365	-6.28
$γ_{2}$	0.0609	7.03
$γ_{3}$	-0.0345	-5.59

V-Lab

Horiba Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:4.51 (0.07)

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Parameter Estimates

News Impact Curve

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