AgenticInvestor

German Power Financial Peak Futures

Energy · Monthly series · CM-GAP1.ICEENDEX

Latest, October 2026

283.26 EUR/MWH

+53.0% from September 2026

Open interactive chartGerman Power Financial Peak Futures in the app

831.7396.7-38.41November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 177.43 EUR/MWH, with an 80% interval of -38.41 EUR/MWH to 831.72 EUR/MWH.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026280.67 EUR/MWH46.88 EUR/MWH591.39 EUR/MWH
December 2026286.91 EUR/MWH159.06 EUR/MWH473.70 EUR/MWH
January 2027252.42 EUR/MWH45.58 EUR/MWH608.87 EUR/MWH
February 2027163.48 EUR/MWH59.29 EUR/MWH450.24 EUR/MWH
March 2027128.12 EUR/MWH44.74 EUR/MWH401.63 EUR/MWH
April 2027117.10 EUR/MWH16.57 EUR/MWH451.50 EUR/MWH
May 2027111.50 EUR/MWH4.06 EUR/MWH478.57 EUR/MWH
June 2027119.30 EUR/MWH26.01 EUR/MWH449.27 EUR/MWH
July 2027124.57 EUR/MWH4.69 EUR/MWH549.65 EUR/MWH
August 2027142.94 EUR/MWH26.71 EUR/MWH525.80 EUR/MWH
September 2027161.76 EUR/MWH19.23 EUR/MWH618.64 EUR/MWH
October 2027177.43 EUR/MWH-38.41 EUR/MWH831.72 EUR/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
+15%Beats the no-change baseline over 7 tests (7 tests, 4 won)
Direction
54%No clear edge over a coin flip (45 of 84 calls right in 7 tests)
Turning points
11 of 26Anticipated some turns (26 turns in 7 tests, 0 without a turn)
Error vs baseline
15% lowerError ratio 0.85; 1.00 is a tie.
Tests won
4 / 7Complete rolling backtests; ties count as no win.
Test period
2019-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
79%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 94% 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 2026283.26 EUR/MWH
September 2026185.10 EUR/MWH
August 2026145.70 EUR/MWH
July 2026111.54 EUR/MWH
June 202685.88 EUR/MWH
May 202675.26 EUR/MWH
April 202652.94 EUR/MWH
March 202672.24 EUR/MWH
February 202680.61 EUR/MWH
January 2026145.00 EUR/MWH
December 2025125.39 EUR/MWH
November 2025127.17 EUR/MWH
October 2025131.17 EUR/MWH
September 2025103.72 EUR/MWH
August 202590.50 EUR/MWH
July 202567.57 EUR/MWH
June 202559.67 EUR/MWH
May 202553.92 EUR/MWH
April 202556.50 EUR/MWH
March 202568.02 EUR/MWH
February 202595.50 EUR/MWH
January 2025156.64 EUR/MWH
December 2024152.44 EUR/MWH
November 2024127.63 EUR/MWH

Source

Data: public market data feeds.

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