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	param	t-stat
$ω$	1.9960	7.93
$α$	0.0679	9.85
$β$	0.9257	128.86
$γ_{1}$	-0.0009	-1.03

V-Lab

WH Smith PLC Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:5,653.35 (-2.25)

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Parameter Estimates

News Impact Curve

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