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	param	t-stat
$ω$	1.1337	6.01
$α$	0.1621	7.33
$β$	0.8105	32.49
$γ_{1}$	-0.3371	-5.21

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Kexing Biopharrm Co Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:147.13 (5.31)

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Parameter Estimates

News Impact Curve

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