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	param	t-stat
$ω$	1.0746	1.42
$α$	0.0749	8.79
$β$	0.8905	57.93
$γ_{1}$	-1.9200	-4.45
$γ_{2}$	3.0502	5.69
$γ_{3}$	-1.3224	-9.37
$γ_{4}$	0.2411	3.40
$γ_{5}$	-0.0870	-1.30
$γ_{6}$	0.0160	0.23
$γ_{7}$	0.0977	1.37
$γ_{8}$	-0.1478	-1.95
$γ_{9}$	0.1012	1.21
$γ_{10}$	-0.1226	-1.10

V-Lab

Nasdaq Inc Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:29.46 (-0.86)

Date Range:

Parameter Estimates

News Impact Curve

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