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	param	t-stat
$ω$	1.1043	8.17
$α$	0.0672	4.79
$β$	0.9227	56.13
$γ_{1}$	0.1065	3.82

V-Lab

Novartis AG Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:53,743.11 (-2,874.05)

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