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	param	t-stat
$ω$	0.8154	2.41
$α$	0.1297	0.03
$β$	0.8703	0.18
$γ_{1}$	0.5217	0.01
$γ_{2}$	-1.5724	-0.03
$γ_{3}$	2.1190	0.83
$γ_{4}$	-2.0145	-1.14
$γ_{5}$	1.6669	0.43
$γ_{6}$	-1.3781	-0.27
$γ_{7}$	1.1069	0.41
$γ_{8}$	-0.5088	-0.31
$γ_{9}$	0.0295	0.02

V-Lab

Emak S.p.A. Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:282,008.80 (2,414.00)

Date Range:

Parameter Estimates

News Impact Curve

Liquidity Forecasts

Other Emak S.p.A. Analyses