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.
Note: Only assets that traded for the entire week are included in data calculations and graphs.
Performance dipped slightly this week on Otis as the platform closed with a -0.90% average return. Memorabilia gained 5.19% to lead all asset classes while art added 2.53% on average to finish in second. Medical Bill by MSCHF moved 41.6% higher to close as the best-performing asset while the 2013 Giannis RPA gained 31.19%. NFTs gained 1.96% on average and were led by the Chromie Squiggle #524 which added 28.57%. Ten different assets gained at least 13% this week on Otis while seven offerings fell more than -13%. The negative total return was supported by three different assets falling -42% or more while no asset gained more than 42%.
Sports memorabilia fell -8.41% while comic books dropped -6.01% on average. The 2012 Anthony Davis RPA dropped -58.33% this week and is now down -75% since IPO. Pokémon struggled on Otis as the Game Boy Pokémon Blue bounced -50.98% lower and Pokémon Red stumbled -12.16%. In total, 113 different assets traded this week across 10 different asset classes. Sports cards were represented by 34 assets and fell -0.46% on average while 19 sneakers traded and the sector dropped -0.88%.
Note: Only assets that trade for the entire week are included in data calculations and graphs.
Collectable's secondary market closed the year with a few high flying assets but a negative average return overall. The platform closed January with a -2.37% ROI across 148 different assets and a 0% median. Sports memorabilia has performed well over the last 6 months but dropped -5.88% this week to drag total performance lower.
The 1979 Topps Ozzie Smith Rookie Card flipped 60.91% higher to lead all assets this week. Golf gained 7.84% on average to set the pace for sports on Collectable and the strong return was propelled by the 1996 SI for Kids Tiger Woods Card which gained 20%. The perforated Tiger is now up 80% since IPO and closed the week at a $42,300 market cap. In total, ten assets gained at least 10% on Collectable while ten assets fell -23% or more. The 2018-19 Michael Porter Rookie Card dropped -37.14% to close as the worst-performing asset. The MPJ card is now down -78% since IPO and has a market cap of $6,589 after being initially offered for $29,950. Sneakers stumbled this week as the Chris Bosh 2006-07 Game Worn Air Force 25's fell -36.27% and the Kobe Bryant Game Worn Jordan 12's dropped -36.36%. Sneakers are struggled on Collectable and currently, every pair of game-worn sneaker trading on the platform is trading below its IPO price with all but one trading at least -20% lower.
Wrestling assets fell -8.26% to close as the worst-performing sport while soccer assets dropped -7.77%. Basketball, boxing, tennis, and baseball all traded negatively this week while hockey closed with a 0% return. Football-related assets managed to sneak out a 0.05% gain as the 2017 Patrick Mahomes Flawless RPA gained 17% as the Kansas City Chiefs set their sights on a third consecutive Super Bowl appearance.
Performance fell this week on Rally as investors moved away from card games and video games. The average return this week was -7.68% with a median return of -3.6%. In total, 80 different assets traded across nine asset classes.
Card games were the worst-performing asset class this week with a -21.29% return on average while video games fell -17.93%. This week was not a strong showing for Pokémon as the three worst-performing assets all came from the pocket monster franchise. The 1999 Game Boy Pokémon Yellow saw its market cap slashed by -69.17% while the 1999 Pokémon Fossil Booster Box plunged -56.86%.
While Pokémon performed poorly overall, there was one shining light as the 1999 Kangaskhan Trophy Card climbed 44.44% to lead all assets. The 1968 Marvel Avengers #57 added 20% to help comic books close with the best average return of all asset classes. The comic sector gained 6.65% on average while memorabilia moved 1.86% higher. Sports cards were represented by 31 different assets, the most of any sector, and the asset class fell -8.56% on average.
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