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	param	t-stat
$ω$	1.2454	6.67
$α$	0.0789	13.05
$β$	0.9155	147.57
$γ_{1}$	0.0001	0.04

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Federated Hermes Inc Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:487.99 (10.35)

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News Impact Curve

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