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	param	t-stat
$ω$	0.9140	2.07
$α$	0.1631	3.63
$β$	0.8359	18.32
$γ_{1}$	0.3653	0.16
$γ_{2}$	-0.8119	-0.26
$γ_{3}$	0.4600	0.25
$γ_{4}$	1.9616	0.95
$γ_{5}$	-5.2373	-2.38
$γ_{6}$	5.2069	3.46
$γ_{7}$	-2.3487	-1.79
$γ_{8}$	0.1129	0.08
$γ_{9}$	-0.0665	-0.05
$γ_{10}$	2.5010	1.44

V-Lab

Vale Sa Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Thursday, February 19th, 2026:27,968,690.00 (-391,010.00)

Date Range:

Parameter Estimates

News Impact Curve

Liquidity Forecasts

Other Vale Sa Analyses