AgenticInvestor

SA Base Load Month Electricity Futures

Energy · Monthly series · CM-ES1.ASX24

Latest, October 2026

52.00 AUD/MWH

+40.6% from September 2026

Open interactive chartSA Base Load Month Electricity Futures in the app

335.3166-3.255November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 50.24 AUD/MWH, with an 80% interval of 33.92 AUD/MWH to 73.75 AUD/MWH.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 202651.84 AUD/MWH33.39 AUD/MWH73.52 AUD/MWH
December 202652.69 AUD/MWH-3.25 AUD/MWH126.03 AUD/MWH
January 202773.66 AUD/MWH21.22 AUD/MWH140.43 AUD/MWH
February 202766.68 AUD/MWH37.03 AUD/MWH105.55 AUD/MWH
March 202755.35 AUD/MWH27.17 AUD/MWH92.54 AUD/MWH
April 202768.69 AUD/MWH40.55 AUD/MWH109.00 AUD/MWH
May 202790.27 AUD/MWH23.87 AUD/MWH193.59 AUD/MWH
June 2027119.29 AUD/MWH12.38 AUD/MWH262.18 AUD/MWH
July 202795.05 AUD/MWH39.51 AUD/MWH177.37 AUD/MWH
August 202774.05 AUD/MWH45.22 AUD/MWH117.33 AUD/MWH
September 202752.03 AUD/MWH9.44 AUD/MWH113.12 AUD/MWH
October 202750.24 AUD/MWH33.92 AUD/MWH73.75 AUD/MWH

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Supported evidence

The point forecast beat the no-change baseline overall and in a majority of the evaluated tests.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+12%Beats the no-change baseline over 9 tests (9 tests, 7 won)
Direction
69%No clear edge over a coin flip (75 of 108 calls right in 9 tests)
Turning points
39 of 54Anticipated most turns (54 turns in 9 tests, 0 without a turn)
Error vs baseline
12% lowerError ratio 0.88; 1.00 is a tie.
Tests won
7 / 9Complete rolling backtests; ties count as no win.
Test period
2017-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
82%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare four classes, subject to call budgets and retry limits.

Reading

It is above 19% of the 119 earlier readings since November 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 202652.00 AUD/MWH
September 202636.99 AUD/MWH
August 202666.34 AUD/MWH
July 202683.33 AUD/MWH
June 2026127.66 AUD/MWH
May 202685.93 AUD/MWH
April 202665.00 AUD/MWH
March 202654.85 AUD/MWH
February 202666.94 AUD/MWH
January 202698.18 AUD/MWH
December 202530.15 AUD/MWH
November 202549.92 AUD/MWH
October 202560.25 AUD/MWH
September 202558.75 AUD/MWH
August 202597.15 AUD/MWH
July 2025138.31 AUD/MWH
June 2025247.48 AUD/MWH
May 202589.87 AUD/MWH
April 202581.20 AUD/MWH
March 202563.81 AUD/MWH
February 202591.35 AUD/MWH
January 202587.00 AUD/MWH
December 202463.11 AUD/MWH
November 202468.06 AUD/MWH

Source

Data: public market data feeds.

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