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	param	t-stat
$ω$	0.6726	8.01
$α$	0.1343	1.97
$β$	0.5196	2.02
$γ_{1}$	-6.3361	-7.64

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Callan JMB Inc Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Wednesday, February 25th, 2026:237,374.20 (58,530.80)

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Parameter Estimates

News Impact Curve

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