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	param	t-stat
$ω$	1.2517	7.43
$α$	0.1304	6.20
$β$	0.8408	31.97
$γ_{1}$	-0.4885	-4.67

V-Lab

Shenyang Fortune Precision Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Wednesday, February 25th, 2026:43.73 (-6.43)

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Parameter Estimates

News Impact Curve

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