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	param	t-stat
$m$	121
$α$	0.2664	3.14
$β$	0.8081	2,356.09
$γ$	-0.1491	-1.25
$λ_{1}$	0.0000	10.00
$λ_{2}$	0.3310	3.16
$λ_{3}$	0.0018	17.38

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Xcel Brands Inc ILLIQ-MFMEM Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:977,729.50 (55,058.50)

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