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	param	t-stat
$ω$	1.8711	12.42
$α$	0.0654	9.48
$β$	0.9193	109.47
$γ_{1}$	-0.0019	-1.74

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Terna - Rete Elettrica Nazionale Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:273.15 (3.01)

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Parameter Estimates

News Impact Curve

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