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	param	t-stat
$ω$	0.6325	1.60
$α$	0.2019	7.83
$β$	0.7952	33.97
$γ_{1}$	3.7790	0.95
$γ_{2}$	-0.2213	-0.04
$γ_{3}$	-17.4961	-1.92
$γ_{4}$	22.3597	1.40
$γ_{5}$	-5.6527	-0.37
$γ_{6}$	4.0010	0.28
$γ_{7}$	-15.9932	-1.06
$γ_{8}$	4.8923	0.50

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Pt Urban Jakarta P Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:177.24 (-40.38)

Date Range:

Parameter Estimates

News Impact Curve

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