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	param	t-stat
$ω$	5.0000	0.15
$α$	0.1046	8.13
$β$	0.8572	142.56
$γ$	0.0764	2.29

V-Lab

Septerna Inc Asymmetric ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:4,257.73 (-591.49)

Date Range:

Parameter Estimates

News Impact Curve

Liquidity Forecasts

Other Septerna Inc Analyses