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Index Update: The Week Closing 10/28/2022 and Restatement Info

Index Update: The Week Closing 10/28/2022 and Restatement Info
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Last Week: 777.26

This Week: 767.16

Performance Last Week: -1.3%

Performance Year-to-Date: -26.1%

Performance Quarter-to-Date: +0.8%

Top 3 Index Performers Last Week (%)

1. Hotspot.com (Rally) +35.6%

2. 1964 Sandy Koufax Jersey (Collectable) +27.7%

3. 1950-51 Joe DiMaggio Game-Worn Jersey (Rally) +17.0%

Bottom 3 Index Performers Last Week (%)

1. 2003 SP Authentic LeBron James Rookie Auto (Public) -30.2%

2. 1968 Milton Bradley Nolan Ryan Rookie (Collectable) -22.6%

3. NES Super Mario Bros (Public) -22.3%

Restatement Information

Note, over the last week, we have updated our indices, both the Altan Insights 100 and asset class indices found on the Trends page of our app, to reflect the sale of Otis assets that have not made the transition to Public. As this information was not previously available, Otis assets had been carried at their last traded value pending final sale information. As that sale information has become available, we have updated the indices to reflect the exit of those assets on the date of sale. In this case, we have used date of sale rather than date of proceeds receipt, as it reflects market conditions in a more timely manner (date of proceeds would reflect one big movement, largely at the same time). This update has impact on historic indices levels, and is particularly impactful for the Otis Index, as well as asset class indices that had a significant proportion of Otis assets (Art, Video Games, and Comic Books most significantly). Impact to the Altan Insights 100 was relatively minor. We have included before and after restatement values for each relevant index below as of 10/21. For the full restated data, please refer to the Trends page on the Altan Insights app.

Also, notably, there may be a difference between the exit price of an asset on our app versus the per share proceeds received by shareholders. Our data, in this particular instance, is based on net sales price and does not include the additional cash held on each Series balance sheet. However, this typically amounts to no more than pennies per share.

We will continue to make updates as we obtain new information regarding asset sales.

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All information provided by Altan Insights is impersonal and not tailored to the needs of any person, entity or group of persons. Past performance of an index is not an indication or guarantee of future results.

It is not possible to invest directly in an index. Exposure to an asset class represented by an index may be available through investable instruments based on that index. Altan Insights does not sponsor, endorse, sell, promote or manage any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index.  Altan Insights is not an investment advisor and makes no representation regarding the advisability of investing in any such investment fund or other investment vehicle. A decision to invest in any such investment fund or other investment vehicle should not be made in reliance on any of the statements set forth in this document. Prospective investors are advised to make an investment in any such fund or other vehicle only after carefully considering the risks associated with investing in such funds, as detailed in an offering memorandum or similar document that is prepared by or on behalf of the issuer of the investment fund or other investment product or vehicle.  Inclusion of a security within an index is not a recommendation by Altan Insights to buy, sell, or hold such security, nor is it considered to be investment advice. Closing prices for Altan Insights indices are calculated by Altan Insights based on the closing price of the individual constituents of the index as set by their primary marketplace.

These materials have been prepared solely for informational purposes based upon information from sources believed to be reliable. Altan Insights does not guarantee the accuracy, completeness, timeliness or availability of the Content. Altan Insights is not responsible for any errors or omissions, regardless of the cause, for the results obtained from the use of the Content.

October 31, 2022
By 
Dylan Dittrich
Altanin post bacgraund

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