Trades and Trends by Altan Insights: March 5, 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

After multiple weeks of positive average returns, performance dipped on Collectable as hockey, boxing, and tennis-related assets tumbled. The average return closed at -0.97% with the median return at 0% across 156 traded assets.

Last week, three different pieces of Kobe Bryant memorabilia closed among the six best-performing assets. This week, the fourth piece of Mamba memorabilia made its appearance among the top-ten as the Kobe-worn French Blue Jordan 12's climbed 51.67% to lead all assets. Closing in second was the 2018 Michael Porter Basket which climbed 43.33% this week after falling -18.03% last week. Rounding out the top three was a LeBron James/Carmelo Anthony Dual Logoman which added 42.86%. The Logoman is now up 50% over the last month but is still down -25% from its IPO valuation of $1.07 million.

Last week, wrestling and soccer were the two worst-performing sports on Collectable with returns of -19.23% and -2.21% respectively. This week, wrestling led all sports with a 5.36% average return while soccer finished second at 4.86%. Baseball, basketball, and football all closed with negative average returns this week and hockey finished with the worst average at -4.73%. The 1960 Hemmets Journal Cassius Clay Rookie Card slipped -30% to close as the worst-performing asset while Paul Pierce's 2010 All Star Jersey dropped -29.82% to finish in second. This week, four different assets gained more than 30% on Collectable while no asset fell more than -30%. The losses were deeper though as ten different assets fell more than -14% while only seven offerings gained more than 14%. Sports memorabilia outpaced sports cards this week but both delivered negative returns, with cards dropping -1.22% and memorabilia falling -0.20%.

Otis

Another week equaled another week of slight by steady gains on Otis. Last week, the platform returned 0.41% on average and this week, the return was 0.48% with the same median return of 0%.

Sports memorabilia and sneakers shined as the signed paid of Michael Jordan AJ1's gained 39.89% to lead on Otis while MJ's 1985 Red Metallic Air Jordan's jumped 20%. It was a relatively restrained week of trading as no asset gained or lost more than 40% and only asset asset gained more that 20% while no offering fell more than -20%. Sneakers, sports, and video games dominated the top ten this week as 9 of the 10 best-performing offerings were from one of those three asset classes.

Speaking of sports cards, the asset class also delivered a trio of negative performances this week. The 2019 Zion Williamson Blue Ice Prizm fell -19.8% to closes as the worst-performing asset this week while the 2003 Topps Chrome Refractor LeBron James and 2009 Bowman Chrome Mike Trout moved -14.34% and -13.04% lower respectively. Sports memorabilia was the best-performing asset class with a 6.28% average return followed by comic books which climbed 2.1%. Card games fell -2% and art dropped 1.18% lower.

Rally

The average return improved slightly on Rally but still finished in the red as the platform returned -0.49% on average with a 0% median return across 249 traded assets. Last week, the best-performing asset on Rally gained 48% and this week, six different assets gained 50% or more. The 1999 Pokemon Complete First Edition Set soared 66% while a copy of the 1940 DC Comics Batman #2 moved 63.64% higher.

Sports cards are the most represented asset class with 71 offerings trading and the sector was led by the 2003 UD Exquisite Patches Kobe Bryant Card and 1955 Topps Roberto Clemente Rookie Card which both climbed 50%.

Card games were the best-performing asset class on Rally with a 10.47% average return followed by comic books which climbed 5.06%. Last week, card games were the worst-performing sector with a -10.33% return and comic books fell -4.53%. This marked the first week of cars on Rally's refurnished secondary market and the asset class burned-out as the motorized sector returned -12.13%. No cars finished among the top ten best-performing assets but two cars, both from the 1990s, closed among the bottom ten.

The digital world also struggled this week as NFTs fell -10.31% and video games slipped -5.84%. The worst-performing assets this week were the Slash EDS-1275 Doubleneck Guitar which fell -52% and the Hermes 20CM Sellier Faubourg Birkin which bounced -41.9% lower.

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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.