{name} Model Equation

Spline Coefficients

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Parameter	Value	t-statistic
ω const Unconditional variance weight	5.0000	0.27
α ARCH Response to squared shocks	0.0606	4.19***
β GARCH Volatility persistence	0.9574	360.61***
γ leverage Additional response to negative shocks	-0.0360	-1.56

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Twamev Construction and Infrastructure Ltd Asymmetric ILLIQ Liquidity Analysis

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