AgenticInvestor

German Power Financial Base Futures

Energy · Monthly series · CM-GAB1.ICEENDEX

Latest, October 2026

239.48 EUR/MWH

+48.6% from September 2026

Open interactive chartGerman Power Financial Base Futures in the app

686.1323.5-39.08November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 127.00 EUR/MWH, with an 80% interval of 12.30 EUR/MWH to 573.55 EUR/MWH.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026218.52 EUR/MWH55.82 EUR/MWH459.00 EUR/MWH
December 2026215.93 EUR/MWH64.05 EUR/MWH479.80 EUR/MWH
January 2027199.99 EUR/MWH-39.08 EUR/MWH686.09 EUR/MWH
February 2027138.93 EUR/MWH66.98 EUR/MWH377.14 EUR/MWH
March 2027123.98 EUR/MWH52.60 EUR/MWH386.15 EUR/MWH
April 2027120.67 EUR/MWH32.16 EUR/MWH446.61 EUR/MWH
May 2027112.11 EUR/MWH5.07 EUR/MWH512.09 EUR/MWH
June 2027116.50 EUR/MWH42.45 EUR/MWH401.57 EUR/MWH
July 2027119.89 EUR/MWH17.44 EUR/MWH511.00 EUR/MWH
August 2027126.05 EUR/MWH44.96 EUR/MWH433.96 EUR/MWH
September 2027124.20 EUR/MWH28.45 EUR/MWH496.53 EUR/MWH
October 2027127.00 EUR/MWH12.30 EUR/MWH573.55 EUR/MWH

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

AI confidence

Mixed evidence

The 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 7 tests (7 tests, 3 won)
Direction
54%No clear edge over a coin flip (45 of 84 calls right in 7 tests)
Turning points
11 of 32Anticipated some turns (32 turns in 7 tests, 0 without a turn)
Error vs baseline
3% lowerError ratio 0.97; 1.00 is a tie.
Tests won
3 / 7Complete rolling backtests; ties count as no win.
Test period
2019-11-01 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 96% 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 2026239.48 EUR/MWH
September 2026161.17 EUR/MWH
August 2026146.51 EUR/MWH
July 2026130.67 EUR/MWH
June 2026104.65 EUR/MWH
May 2026101.13 EUR/MWH
April 202676.89 EUR/MWH
March 202689.04 EUR/MWH
February 202680.45 EUR/MWH
January 2026123.40 EUR/MWH
December 2025100.50 EUR/MWH
November 2025101.24 EUR/MWH
October 202599.60 EUR/MWH
September 202586.01 EUR/MWH
August 202587.78 EUR/MWH
July 202581.70 EUR/MWH
June 202578.56 EUR/MWH
May 202570.02 EUR/MWH
April 202566.61 EUR/MWH
March 202576.93 EUR/MWH
February 202591.75 EUR/MWH
January 2025131.97 EUR/MWH
December 2024118.50 EUR/MWH
November 2024100.09 EUR/MWH

Source

Data: public market data feeds.

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