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	param	t-stat
$ω$	1.0573	11.48
$α$	0.0422	12.44
$β$	0.9560	277.43
$γ_{1}$	-0.0021	-2.28

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Merck & Co Inc Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, December 29th, 2025:9.89 (-0.23)

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