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	param	t-stat
$ω$	1.1593	10.88
$α$	0.2472	4.28
$β$	0.5359	6.32
$γ_{1}$	-0.0340	-0.40

V-Lab

Fidel Softech Limited Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:135,304.10 (76,361.53)

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Parameter Estimates

News Impact Curve

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