Trades and Trends by Altan Insights: March 19, 2022

Join Altan Insights as we highlight trading activity across the various alternative marketplaces with a combination of charts and penned analysis to help investors track trends and price movements that impact their portfolio.

Collectable

Sports cards continued to ascend this week as the asset class returned another positive performance on Collectables secondary market. Cardboard gained 2.16% on average last week and added another 4.11% this week as modern cards starred. Sports memorabilia also delivered a positive average return and the game-worn/game-used sector climbed 3.48% this week after falling -6.24% last week. Overall, the average return on Collectable was 4.29% which represents the best weekly average ROI on the platform in 2022.

Soccer was the best-performing sport this week at Collectable with a 7.18% average return and the world's game was propelled by the 2019 Topps Chrome Erling Haaland Basket. The PSA 10 graded cards climbed 68.22% to lead all offerings while the 1965-68 Roberto Clemente Game Used H&B Bat bounced 62.5% this week to finish in second. Basketball finished as the second best-performing sport with a 5.6% return as recently sold-off pieces of memorabilia showed strong recoveries. The 1996 Kobe Bryant Game Worn Sneakers gained 61.87% after falling -37.88% last week and the 2010 Paul Pierce All Star Jersey climbed 58.82% after dropping -15% over the previous five trading sessions.

Golf was the best-performing sport last week but fell -6.63% to close as the worst this time around while tennis and wrestling both finished with negative average returns as well.

Otis

Last week, NFTs climbed on Otis as the Grimes Collection gained triple-digits during a volatile week. This week, returns closed lower as NFTs sold-off and sports memorabilia also ticked lower. The platform returned -3.43% on average across 111 traded assets compared to a -1.29% ROI last week. The Ten by Nike Off-White Sneakers were the best-performing asset this week with a 35.36% return followed by MSCHF's Medical Bills which bounced 31.58%. Art was the best-performing asset class this week on Otis with a 3.7% average return while video games closed in second with a 2.24% gain.

The Grimes NFT Collection fell back down to earth this week as the digital art dropped -47.12%. NFTs returned -22.94% on average while sports memorabilia slid -11.98% lower. The 1987 Magic Johnson Sneakers were the worst-performing piece of game-worn memorabilia this week as the Magic shoes dropped -41.18%.

Rally

The average return on Rally closed at 0.29% while 274 different assets traded across 11 different asset classes. This week, five different assets gained at least 50% while only two offerings fell more than -50%.

The Hermes 30CM "So Black" Birkin gained 105.26% to lead all assets this week while the Joe DiMaggio Rolex Datejust gained 91.92% to close in second. This marked the first week that two pieces of luxury assets closed as the top two performers and helped push the asset class to a 10.85% average return. Trading card games finished in second, returning 5.12%, and were led by the 1999 Pokemon First Edition Booster Box which gained 50%.

Falling this week was the Fedora CryptoPunk which tumbled -70% and the 2018 Bowman Shoehi Ohtani batting Card fell -50%. Memorabilia was the third best-performing asset class this week with a 4.04% return followed by sports memorabilia which moved 2.14% higher. Cars continued to crumble as the asset class fell -4.54% last week and dropped another -10.27% this week. NFTs were the only other asset class to drop more than -9% on average as the sector closed with a -9.69% return.

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Disclaimer: You understand that by reading Altan Insights, you are not receiving financial advice. No content published here constitutes a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. You further understand that the author(s) are not advising you personally concerning the nature, potential, value or suitability of any particular security, transaction, or investment strategy. You alone are solely responsible for determining whether an investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal financial situation. Please speak with a financial advisor to understand if the risks inherent in trading are appropriate for you. Trade at your own risk.