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	param	t-stat
$ω$	0.4531	1.65
$α$	0.2498	1.99
$β$	0.0000	0.00
$γ_{1}$	-3.9018	-1.53
$γ_{2}$	5.1274	1.65
$γ_{3}$	-1.1012	-0.94
$γ_{4}$	-0.3200	-0.25
$γ_{5}$	-1.8416	-1.24
$γ_{6}$	7.0285	3.75
$γ_{7}$	-9.2102	-3.14
$γ_{8}$	6.2890	1.73
$γ_{9}$	-9.1320	-2.87

V-Lab

Malvern International PLC Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:301,114.50 (0.00)

Date Range:

Parameter Estimates

News Impact Curve

Liquidity Forecasts

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