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	param	t-stat
$ω$	3.1578	7.07
$α$	0.1430	14.75
$β$	0.8507	89.53
$γ_{1}$	0.0069	3.55

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Kokusai Co Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Thursday, February 26th, 2026:264.75 (18.74)

Date Range:

Parameter Estimates

News Impact Curve

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