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	param	t-stat
$ω$	1.0053	6.47
$α$	0.0714	0.59
$β$	0.9286	7.72
$γ_{1}$	-0.0118	-0.15

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Valiant Holding AG Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Friday, February 20th, 2026:3,454.44 (-223.15)

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