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	param	t-stat
$ω$	0.7809	3.58
$α$	0.1458	0.14
$β$	0.8542	0.85
$γ_{1}$	0.0039	0.00

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Talphera Inc Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Tuesday, February 24th, 2026:274,445.60 (-24,949.50)

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