The armit 100 Index

 

To illustrate how the wine market is performing today we have created the armit 100 Index. This Index represents the price movement of 100 of the most sought-after fine wines. The armit 100 Index is tailor-made by us to suit the armit portfolio and is calculated monthly by Liv-ex, the London International Vintners Exchange, founded in 1999 and now considered the leading market place for the Fine Wine Trade and a trusted source of independent wine price information. The Index is mainly comprised of Bordeaux, reflecting today’s market along with top wines from Italy and Burgundy, reflecting armit’s portfolio and customer selection. To view the full list of the armit 100 index wines click here. 

Finishing the year at its highest level since we began tracking it in 2001 the armit 100 Index’s strong performance has continued almost unabated since the spring of 2009. Posting a healthy growth of 32.4% on the year and 2.5% gain on November’s high at the close of December. 

The armit 100 Index also saw the first downturn this year with this descending trend starting in March and continuing into April.  May is expected to see renewed activity with the market maintaining its position in the next quarter. 

The value of the index as at 31st March 2011 was 417.07, a rise of only 0.1% on the previous month. The index is up 29.68% year-on-year and 6.5% for the quarter.

 

Armit100Index

  

How the Index is calculated

All wines included in the Index are reviewed on a quarterly basis.
- In order to qualify for the Index, wines must have received a minimum score of 95 Parker points and be actively traded in the current market. They must also be physically available in the UK market, so recent vintages that are only trading on an En Primeur basis do not qualify.
- The armit 100 is calculated using the Liv-ex Mid-Price for each component wine. The Mid-Price is the most robust measure for pricing wines available in the market and is calculated by using the mid point between the current highest bid price and lowest offer price on the Liv-ex trading platform.
- The Liv-ex Mid Price for each wine is then multiplied by the wine's average production level - (for example 20,000 cases) - with this figure gradually reducing as the wine ages. 

 

The armit 100’s Performance vs other indices