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	param	t-stat
$ω$	1.0904	4.65
$α$	0.3450	4.83
$β$	0.5865	6.53
$γ_{1}$	9.0714	5.13

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LZ Technology Holdings Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:1,348,326.00 (-806,920.00)

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