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	param	t-stat
$ω$	1.9603	1.56
$α$	0.0000	0.00
$β$	0.9222	11.95
$γ_{1}$	7.5355	2.34
$γ_{2}$	-12.9145	-3.13
$γ_{3}$	10.1188	3.80

V-Lab

Circus SE Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:53,651.46 (0.00)

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Parameter Estimates

News Impact Curve

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