Malta Balance Of Trade
Malta · Monthly series · EC-MT-BOT
Latest, September 2026
-431,500.00 EUR
-135,800.00 EUR from August 2026
Forecast
Forecast for September 2027: -10.63M EUR, with an 80% interval of -206.27M EUR to 12.35M EUR.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| October 2026 | -84,984.00 EUR | -58.91M EUR | 12.85M EUR |
| November 2026 | 914,248.00 EUR | -198.87M EUR | 39.08M EUR |
| December 2026 | 426,080.00 EUR | -239.45M EUR | 43.98M EUR |
| January 2027 | -885,848.00 EUR | -89.85M EUR | 10.15M EUR |
| February 2027 | -1.92M EUR | -443.92M EUR | 42.33M EUR |
| March 2027 | -4.46M EUR | -281.68M EUR | 21.05M EUR |
| April 2027 | -9.89M EUR | -184.85M EUR | 7.22M EUR |
| May 2027 | -18.37M EUR | -480.71M EUR | 24.33M EUR |
| June 2027 | -18.03M EUR | -485.56M EUR | 29.16M EUR |
| July 2027 | -57.63M EUR | -786.67M EUR | 76.05M EUR |
| August 2027 | -19.60M EUR | -514.78M EUR | 38.73M EUR |
| September 2027 | -10.63M EUR | -206.27M EUR | 12.35M EUR |
AI confidence
Supported evidenceThe 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 12 tests (12 tests, 8 won)
- Direction
- 72%No clear edge over a coin flip (104 of 144 calls right in 12 tests)
- Turning points
- 54 of 81Anticipated most turns (81 turns in 12 tests, 0 without a turn)
- Error vs baseline
- 12% lowerError ratio 0.88; 1.00 is a tie.
- Tests won
- 8 / 12Complete rolling backtests; ties count as no win.
- Test period
- 2014-10-01 to 2026-09-0112 observations ahead per test.
- 80% band coverage
- 81%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 2026-11-15 against the cached history through 2026-09-01.
- 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 97% of the 119 earlier readings since October 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| September 2026 | -431,500.00 EUR |
| August 2026 | -295,700.00 EUR |
| July 2026 | -524,700.00 EUR |
| June 2026 | -428,900.00 EUR |
| May 2026 | -338,980.00 EUR |
| April 2026 | -314,810.00 EUR |
| March 2026 | -257.88M EUR |
| February 2026 | -209.40M EUR |
| January 2026 | -157.31M EUR |
| December 2025 | -191.70M EUR |
| November 2025 | -72.20M EUR |
| October 2025 | -286.00M EUR |
| September 2025 | -307.80M EUR |
| August 2025 | -326.80M EUR |
| July 2025 | -904.02M EUR |
| June 2025 | -426.76M EUR |
| May 2025 | -273.15M EUR |
| April 2025 | -401.26M EUR |
| March 2025 | -247.66M EUR |
| February 2025 | -183.49M EUR |
| January 2025 | -296.85M EUR |
| December 2024 | -347.70M EUR |
| November 2024 | -136.28M EUR |
| October 2024 | -328.10M EUR |
Source
Data: public market data feeds.
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