Trades and Trends: July 24, 2021

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.

Otis

Only six different assets traded on Otis this week as the platform continues to roll-out their instant trading update but the first rendition was successful to say the least. The average return was 32.36% with a median return of 29.93%. The 1985 NES Super Mario Bros. led with a 58.4% gain followed by the 2013 Immaculate Collection Giannis RPA which jumped 56.67% during its first session under the new format. That marked the best performance for any Giannis card after the Milwaukee Bucks star helped guide his team to an NBA Championship and secured Finals MVP honors. The Dior x Air Jordan 1 sneakers added 40% to their market cap and two other basketball offerings, the 1986 Fleer set and 2003 SP Authentic LeBron climbed 19.87% and 19.05% respectively. The worst-performing asset still scraped out a slight gain with a 0.18% return. Three different sports cards were represented with an average return of 31.86% for the sector.

Rally

The average return on Rally reached double-digits for the third straight week. The fourteen different assets that traded struck an average return of 12.49% while the median return was 1.35%. The 1998 Playstation Grand Theft Auto doubled its market cap with a 106.38% gain during its trading session Friday, while the 1968 Marvel Avengers #57 jumped 87.50%. Two different cars traded this week with an average return of 18.18%. The 1994 Ferrari 348 Spider carried the sector with a gain of 34.92%. Sports cards slipped -0.23% with three different offerings. Video games led with only one asset trading and this was the second straight week a 1985 game has closed as the best performing asset on the platform. The 1985 NES Ice Climber gained 96.3% last week and the sector is up 34.1% on average overall. 

The 2016 Kobe Bryant Farewell Game Hardwood dropped -23.75% in its first trading session while the Domino’s Pizza Rolex tumbled -18.03%. Only four assets traded negatively this week on Rally but all four dropped at least 15%.

Collectable

Note: Only assets that traded for the entire week are included in data calculations and graphs.‍

Performance on Collectable has remained impressively consistent with another solid average return. The average ROI this week ticked down slightly from the previous period, closing 3.74% higher versus last week’s average return of 3.88%. Mookie Betts was the highlight of the week as an asset featuring the all-star right fielder closed as the best performing and worst performing asset. The 2014 Blue Refractor Betts Rookie Card Basket jumped 50%, propelled by a 65% gain during the Friday session alone while the 2018 glove worn by Betts during his MVP season fell -31.25%. The glove traded flat throughout the week but dropped during the Friday session- possibly signaling the action of a single investor shifting their portfolio away from the glove and into the card on the same day. 

Modern sports cards had the best week on Collectable as five of the ten top performing assets were cards from 2012 through 2018. Seven different assets gained at least 20% on Collectable and baskets returned a strong week with the Betts basket tying a Kawhi Leonard basket for highest returns. 

Sports cards were the best-performing asset class for the second straight week, gaining 6.27% on average while sports memorabilia dropped -4.0%. Three of the four worst-performing assets were from the memorabilia sector and all three fell at least 25%. Soccer gained 7.14% to close as the best-performing asset class while football, basketball, baseball, and golf all finished the week with positive average returns. 

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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.