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Fine wine and alcohol prices can be predicted, but the accuracy of the prediction depends on the chosen forecasting … horizon. In our study, we analyse the fine wine indices, as well as the retail and wholesale alcohol prices in the US from … of models to forecast prices across different selling levels and alcohol categories. Our research shows that fine wine …
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Can we predict fine wine and alcohol prices? Yes, but it depends on the forecasting horizon. We make this point by … considering the Liv-ex Fine Wine 100 and 50 Indices, the retail and wholesale alcohol prices in the United States for the period … categories. We show that it is possible to predict fine wine prices for the 2-year horizon and retail/wholesale alcohol prices at …
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