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	param	t-stat
$ω$	0.8337	5.30
$α$	0.0000	0.00
$β$	0.8949	2.75
$γ_{1}$	-0.3264	-1.26

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Birkenstock Holding PLC Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Friday, February 20th, 2026:9,929,526.00 (0.00)

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Parameter Estimates

News Impact Curve

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