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	param	t-stat
$ω$	0.9279	9,279,230.00
$α$	0.0623	623,470.00
$β$	0.9377	9,376,500.00
$γ_{1}$	-0.1828	-1,827,910.00
$γ_{2}$	0.2833	2,833,030.00
$γ_{3}$	-0.1566	-1,565,950.00

V-Lab

PPC Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Thursday, February 19th, 2026:1,133.84 (-37.75)

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Parameter Estimates

News Impact Curve

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