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	param	t-stat
$ω$	0.9856	4.54
$α$	0.1439	10.60
$β$	0.8501	63.67
$γ_{1}$	-0.0296	-0.60

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Cerence Inc Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Friday, January 30th, 2026:4,049.56 (487.81)

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News Impact Curve

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