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Amihud price impact is a major indicator to measure the liquidity of assets. But I am not sure how to use it. Does that mean

Amihud price impact is a major indicator to measure the liquidity of assets. But I am not sure how to use it. Does that mean a certain asset has more liquidity if the Amihud price impact is lower than other assets? How can I measure assets' liquidity with ILLIQ?

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