AgenticInvestor

Italian PSV Natural Gas Futures

Energy · Monthly series · CM-IGA1.ICEENDEX

Latest, October 2026

105.65 EUR/MWH

+45.6% from September 2026

Open interactive chartItalian PSV Natural Gas Futures in the app

426.6190.9-44.74November 2017October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 69.73 EUR/MWH, with an 80% interval of -44.74 EUR/MWH to 426.61 EUR/MWH.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026105.94 EUR/MWH69.28 EUR/MWH154.65 EUR/MWH
December 2026101.78 EUR/MWH31.42 EUR/MWH213.30 EUR/MWH
January 202797.69 EUR/MWH6.59 EUR/MWH260.11 EUR/MWH
February 202791.88 EUR/MWH25.98 EUR/MWH226.28 EUR/MWH
March 202788.82 EUR/MWH-8.30 EUR/MWH297.39 EUR/MWH
April 202784.70 EUR/MWH3.71 EUR/MWH279.14 EUR/MWH
May 202780.75 EUR/MWH-1.07 EUR/MWH288.48 EUR/MWH
June 202777.73 EUR/MWH10.28 EUR/MWH258.09 EUR/MWH
July 202775.84 EUR/MWH-11.23 EUR/MWH323.46 EUR/MWH
August 202773.43 EUR/MWH-22.42 EUR/MWH357.58 EUR/MWH
September 202771.55 EUR/MWH-28.04 EUR/MWH379.79 EUR/MWH
October 202769.73 EUR/MWH-44.74 EUR/MWH426.61 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 6 tests (6 tests, 3 won)
Direction
51%No clear edge over a coin flip (37 of 72 calls right in 6 tests)
Turning points
11 of 32Anticipated some turns (32 turns in 6 tests, 0 without a turn)
Error vs baseline
3% higherError ratio 1.03; 1.00 is a tie.
Tests won
3 / 6Complete rolling backtests; ties count as no win.
Test period
2020-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
81%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 93% of the 107 earlier readings since November 2017.

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 2026105.65 EUR/MWH
September 202672.54 EUR/MWH
August 202671.31 EUR/MWH
July 202661.92 EUR/MWH
June 202644.38 EUR/MWH
May 202648.78 EUR/MWH
April 202647.69 EUR/MWH
March 202653.56 EUR/MWH
February 202633.76 EUR/MWH
January 202639.88 EUR/MWH
December 202530.29 EUR/MWH
November 202530.40 EUR/MWH
October 202532.10 EUR/MWH
September 202531.90 EUR/MWH
August 202533.63 EUR/MWH
July 202538.88 EUR/MWH
June 202536.10 EUR/MWH
May 202537.18 EUR/MWH
April 202534.86 EUR/MWH
March 202542.20 EUR/MWH
February 202545.36 EUR/MWH
January 202554.43 EUR/MWH
December 202450.50 EUR/MWH
November 202448.71 EUR/MWH

Source

Data: public market data feeds.

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