Solar cycle 25: another moderate cycle?

Surface flux transport simulations for the descending phase of cycle 24 using random sources (emerging bipolar magnetic regions) with empirically determined scatter of their properties provide a prediction of the axial dipole moment during the upcoming activity minimum together with a realistic uncertainty range. The expectation value for the dipole moment around 2020 $(2.5\pm1.1\,$G) is comparable to that observed at the end of cycle 23 (about $2\,$G). The empirical correlation between the dipole moment during solar minimum and the strength of the subsequent cycle thus suggests that cycle 25 will be of moderate amplitude, not much higher than that of the current cycle. However, the intrinsic uncertainty of such predictions resulting from the random scatter of the source properties is considerable and fundamentally limits the reliability with which such predictions can be made before activity minimum is reached.