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	param	t-stat
$ω$	1.1309	6.86
$α$	0.0696	11.08
$β$	0.9273	148.46
$γ_{1}$	-0.0025	-0.83

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Copa Holdings SA Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:327.65 (9.34)

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News Impact Curve

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