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	param	t-stat
$ω$	0.2751	5.34
$α$	0.0326	9.45
$β$	0.9283	426.20
$γ$	0.0688	10.22

V-Lab

Snap Inc. Asymmetric ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:89.13 (-1.61)

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Parameter Estimates

News Impact Curve

Liquidity Forecasts

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