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	param	t-stat
$ω$	1.2017	3.38
$α$	0.0654	6.03
$β$	0.9330	81.20
$γ_{1}$	-0.0491	-4.64

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Bucharest Stock Exchange Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:72,027.17 (-1,586.10)

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