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	param	t-stat
$ω$	0.8817	0.96
$α$	0.0656	1.62
$β$	0.9344	23.26
$γ_{1}$	-0.1676	-0.32
$γ_{2}$	0.2664	0.42
$γ_{3}$	-0.1654	-0.94
$γ_{4}$	0.1261	1.11

V-Lab

Raymond James Financial Inc Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:57.92 (-3.56)

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Parameter Estimates

News Impact Curve

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