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	param	t-stat
$ω$	1.5525	4.91
$α$	0.1196	11.93
$β$	0.8718	88.95
$γ_{1}$	-0.0151	-2.32
$γ_{2}$	0.0295	3.07
$γ_{3}$	-0.0175	-2.16

V-Lab

Steven Madden Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:304.39 (13.77)

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Parameter Estimates

News Impact Curve

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