A new data modelling algorithm has been used to produce the BC20 Whisky Cask Index. It is based around the values of Scotch whisky of various ages produced across a range of distilleries. The venture is backed by Cask 88, a rare bottle and cask broker, Braeburn Whisky, a specialist in the sale of casks, and Whiskystats, a data collection and analysis firm.
If you’re thinking about where to invest your cash during these uncertain times, you may not have to look much further than your whisky cellar. According to findings from the BC20 Whisky Cask Index published in the UK’s Times, $100,000 in whisky casks procured in July of 2018 would be worth around $160,000 by the end of this past June. Perhaps even more surprisingly, it asserts that investing in the popular digital currency Bitcoin, the S&P 500 Index or even gold––a standard safe bet––would not have yielded the same level of returns.
Specialists from Braeburn Whisky and Cask 88 hope to provide prospective investors with metrics that offer “never-before-seen insight” into the industry. Whisky cask ownership by private collectors is a new direction for the sector, and the findings from Braeburn Whisky and Cask 88’s exploration of casks sales data over five years indicate that returns from investment in Scotland’s most famous tipple have outstripped the S&P 500, Bitcoin and gold.
Analysts from whisky investment specialist firms have developed the first data modelling algorithm for the whisky cask market. It aims to provide prospective investors with metrics that aim to offer never-before-seen insight into the industry.
Patrick Costello said: “Our Scotch whisky drinking clients are always looking for something new to excite the palate and so we’ve had our eye on rum producers in the Caribbean for some time now. We feel the category shows a level of complexity and refined flavour that is reminiscent of Scotch whisky, and has the potential to command the attention of the world.” Analysts at International Wine & Spirit Research (IWSR) said sales of high-end rum rose by 8.3% between 2014 and 2019, compared with a 0.6% increase for cheaper rum, suggesting drinkers are developing a taste for premium bottles.