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	param	t-stat
$ω$	1.4071	10.11
$α$	0.1317	3.76
$β$	0.6887	7.16
$γ_{1}$	-1.2353	-3.86
$γ_{2}$	2.3634	4.02

V-Lab

Concord Biotech Limited Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:218.56 (1.46)

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