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	param	t-stat
$ω$	1.1928	6.89
$α$	0.0738	8.98
$β$	0.9180	105.31
$γ_{1}$	-0.0001	-0.01

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Marcus & Millichap Inc Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:2,986.33 (-167.92)

Date Range:

Parameter Estimates

News Impact Curve

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