AgenticInvestor

Steel Long Futures

Industrial metals · Monthly series · CM-STEEL1.NCDEX

Latest, October 2026

46,590.00 INR/TNE

-3.8% from September 2026

Open interactive chartSteel Long Futures in the app

57.83K46.93K36.03KJanuary 2021October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 44,857.98 INR/TNE, with an 80% interval of 38,951.46 INR/TNE to 53,596.18 INR/TNE.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 202646,140.58 INR/TNE43,756.80 INR/TNE48,874.42 INR/TNE
December 202645,879.09 INR/TNE42,634.53 INR/TNE49,926.44 INR/TNE
January 202745,753.90 INR/TNE41,904.34 INR/TNE50,721.69 INR/TNE
February 202745,560.42 INR/TNE41,433.66 INR/TNE51,143.27 INR/TNE
March 202745,482.25 INR/TNE40,921.36 INR/TNE51,613.37 INR/TNE
April 202745,443.44 INR/TNE40,628.45 INR/TNE52,158.34 INR/TNE
May 202745,402.85 INR/TNE40,306.36 INR/TNE52,432.37 INR/TNE
June 202745,269.07 INR/TNE39,946.27 INR/TNE52,793.62 INR/TNE
July 202745,183.33 INR/TNE39,566.08 INR/TNE53,175.84 INR/TNE
August 202745,145.21 INR/TNE39,411.42 INR/TNE53,369.63 INR/TNE
September 202745,038.30 INR/TNE39,227.69 INR/TNE53,561.43 INR/TNE
October 202744,857.98 INR/TNE38,951.46 INR/TNE53,596.18 INR/TNE

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

AI confidence

Limited evidence

At least 6 complete tests are required; 2 are available.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
n/aToo few tests (2 tests, 6 needed) (2 tests, 0 won)
Direction
n/aToo few tests (2 tests, 6 needed) (5 of 24 calls right in 2 tests)
Turning points
n/aToo few tests (2 tests, 6 needed) (11 turns in 2 tests, 0 without a turn)
Error vs baseline
9% higherError ratio 1.09; 1.00 is a tie.
Tests won
0 / 2Complete rolling backtests; ties count as no win.
Test period
2024-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
58%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 71% of the 69 earlier readings since January 2021.

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 202646,590.00 INR/TNE
September 202648,450.00 INR/TNE
August 202646,590.00 INR/TNE
July 202642,350.00 INR/TNE
June 202643,250.00 INR/TNE
May 202643,650.00 INR/TNE
April 202645,350.00 INR/TNE
March 202645,190.00 INR/TNE
February 202643,150.00 INR/TNE
January 202644,860.00 INR/TNE
December 202542,240.00 INR/TNE
November 202540,340.00 INR/TNE
October 202538,680.00 INR/TNE
September 202539,830.00 INR/TNE
August 202539,740.00 INR/TNE
July 202540,640.00 INR/TNE
June 202541,180.00 INR/TNE
May 202541,860.00 INR/TNE
April 202542,660.00 INR/TNE
March 202543,580.00 INR/TNE
February 202542,570.00 INR/TNE
January 202542,970.00 INR/TNE
December 202443,170.00 INR/TNE
November 202441,880.00 INR/TNE

Source

Data: public market data feeds.

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