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	param	t-stat
$ω$	1.2553	7.29
$α$	0.0818	7.08
$β$	0.9062	71.11
$γ_{1}$	-0.0323	-2.00

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PagSeguro Digital Ltd. Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:678.66 (-1.31)

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