{name} Model Equation

Spline Coefficients

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Parameter	Value	t-statistic
ω const Unconditional variance weight	1.0955	5.44***
α ARCH Response to squared shocks	0.0711	0.34
β GARCH Volatility persistence	0.9289	4.39***

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Howmet Aerospace Inc Spline ILLIQ Liquidity Analysis

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