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	param	t-stat
$ω$	1.3342	7.75
$α$	0.0319	0.48
$β$	0.5052	0.57
$γ_{1}$	1.4647	4.21
$γ_{2}$	-2.9653	-4.36

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Tencent Holdings Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Friday, February 20th, 2026:25,674,340.00 (1,510,970.00)

Date Range:

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