Latvia Temperature
Latvia · Annual series · EC-LV-TEMP
Latest, 2024
8.5 pts
+8.3% from 2023
Forecast
Forecast for 2027: 7.7 pts, with an 80% interval of 6.4 pts to 8.9 pts.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| 2025 | 7.7 pts | 6.4 pts | 8.9 pts |
| 2026 | 7.7 pts | 6.0 pts | 9.2 pts |
| 2027 | 7.7 pts | 6.4 pts | 8.9 pts |
AI confidence
Mixed evidenceThe tests show no consistent, material advantage over the no-change baseline.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- -3%Matches the no-change baseline over 12 tests (12 tests, 4 won)
- Direction
- 53%No clear edge over a coin flip (19 of 36 calls right in 12 tests)
- Turning points
- 2 of 13Anticipated some turns (13 turns in 12 tests, 3 without a turn)
- Error vs baseline
- 3% higherError ratio 1.03; 1.00 is a tie.
- Tests won
- 4 / 12Complete rolling backtests; ties count as no win.
- Test period
- 1989-12-01 to 2024-12-013 observations ahead per test.
- 80% band coverage
- 83%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-14 against the cached history through 2024-12-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
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.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
It is above 89% of the 9 earlier readings since 2015.
Recent history (24 observations)
| Period | Value |
|---|---|
| 2024 | 8.5 pts |
| 2023 | 7.9 pts |
| 2022 | 7.5 pts |
| 2021 | 6.8 pts |
| 2020 | 8.6 pts |
| 2019 | 8.1 pts |
| 2018 | 7.6 pts |
| 2017 | 7.0 pts |
| 2016 | 7.1 pts |
| 2015 | 7.9 pts |
| 2014 | 7.4 pts |
| 2013 | 7.1 pts |
| 2012 | 6.3 pts |
| 2011 | 7.2 pts |
| 2010 | 5.7 pts |
| 2009 | 6.6 pts |
| 2008 | 7.7 pts |
| 2007 | 7.3 pts |
| 2006 | 7.0 pts |
| 2005 | 6.5 pts |
| 2004 | 6.4 pts |
| 2003 | 6.3 pts |
| 2002 | 7.1 pts |
| 2001 | 6.6 pts |
Source
Data: public market data feeds.
More from Agentic Investor
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Also stored for Latvia
- Latvia Asylum Applications
- Latvia Balance Of Trade
- Latvia Bank Lending Rate
- Latvia Banks Balance Sheet
- Latvia Building Permits
- Latvia Business Confidence Index
- Latvia CPI Housing Utilities
- Latvia CPI Transportation
- Latvia Capacity Utilization
- Latvia Capital Flows
- Latvia Car Registrations
- Latvia Central Bank Balance Sheet