Malta Current Account
Malta · Quarterly series · EC-MT-CA
Latest, Q2 2026
227.30M EUR
-40.8% from Q1 2026
Forecast
Forecast for Q2 2027: 328.29M EUR, with an 80% interval of -542.85M EUR to 1.20B EUR.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| Q3 2026 | 470.40M EUR | 168.34M EUR | 746.88M EUR |
| Q4 2026 | 314.33M EUR | -28.40M EUR | 666.53M EUR |
| Q1 2027 | 292.19M EUR | -2.81M EUR | 608.11M EUR |
| Q2 2027 | 328.29M EUR | -542.85M EUR | 1.20B 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
- +24%Beats the no-change baseline over 8 tests (8 tests, 5 won)
- Direction
- 78%No clear edge over a coin flip (25 of 32 calls right in 8 tests)
- Turning points
- 10 of 14Anticipated most turns (14 turns in 8 tests, 0 without a turn)
- Error vs baseline
- 24% lowerError ratio 0.76; 1.00 is a tie.
- Tests won
- 5 / 8Complete rolling backtests; ties count as no win.
- Test period
- 2018-09-01 to 2026-06-014 observations ahead per test.
- 80% band coverage
- 84%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 2026-06-01.
- 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 54% of the 39 earlier readings since Q3 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| Q2 2026 | 227.30M EUR |
| Q1 2026 | 383.65M EUR |
| Q4 2025 | 559.05M EUR |
| Q3 2025 | 642.25M EUR |
| Q2 2025 | 516.91M EUR |
| Q1 2025 | 269.35M EUR |
| Q4 2024 | 232.78M EUR |
| Q3 2024 | 451.24M EUR |
| Q2 2024 | 406.51M EUR |
| Q1 2024 | -27.63M EUR |
| Q4 2023 | 12.63M EUR |
| Q3 2023 | 366.46M EUR |
| Q2 2023 | -3.79M EUR |
| Q1 2023 | -5.13M EUR |
| Q4 2022 | -232.51M EUR |
| Q3 2022 | 117.09M EUR |
| Q2 2022 | -255.88M EUR |
| Q1 2022 | -43.82M EUR |
| Q4 2021 | 93.66M EUR |
| Q3 2021 | 200.04M EUR |
| Q2 2021 | -347.92M EUR |
| Q1 2021 | 255.90M EUR |
| Q4 2020 | 331.92M EUR |
| Q3 2020 | 99.03M EUR |
Source
Data: public market data feeds.
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