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	param	t-stat
$ω$	3.4812	3.28
$α$	0.1106	9.20
$β$	0.8323	46.12
$γ_{1}$	-0.1569	-2.62
$γ_{2}$	0.2906	3.50
$γ_{3}$	-0.2178	-3.25
$γ_{4}$	0.2021	3.23
$γ_{5}$	-0.2509	-5.43
$γ_{6}$	0.1468	3.65
$γ_{7}$	0.1900	4.73
$γ_{8}$	-0.7706	-15.27

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Uni-Select Inc Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

Liquidity Forecasts

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