{name} Model Equation

Spline Coefficients

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Parameter	Value	t-statistic
ω const Unconditional variance weight	1.2237	10.38***
α ARCH Response to squared shocks	0.0787	12.26***
β GARCH Volatility persistence	0.9171	139.99***

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L1 Group Ltd Spline ILLIQ Liquidity Analysis

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