Trades and Trends by Altan Insights: November Review

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.

Rally

Note: Data is from 11/1 - 11/29. Altan Insights will review trading from Rally’s new real-time process in an upcoming edition of Trades and Trends. 

Performance remained positive this week on Rally as the platform returned 8.59% on average. This represented a slight downtick from last month when the average return was 12.34% and the median closed 0.65% higher. 

For the fourth straight month, video games were the best-performing asset class as the sector returned 44.97% after gaining 40.88% in October. In November, video games were led by the 1998 Playstation Grand Theft Auto which climbed 130.77%, and the 2011 Xbox Halo: Combat Evolved which jumped 32.35%. In total, four video games were traded and three gained at least 21%. The only game to trade negatively was the 1998 N64 Legend of Zelda: Ocarina of Time which fell -5% and was the first video game to trade negatively on Rally since July. Wine has continued to climb as the liquid asset gained 26.19% after the sector added 16.85% in October. This month, two vino offerings closed among the top five best-performing assets as the 2009 Les Beaux Monts moved 46.24% higher and the 2013 Romanee-Conti Assortment added 31.83%. 

Comic books and books closed as the third and fourth best-performing asset classes this week on Rally as the sectors gained 16.67% and 15.78% respectively. Card games fell -3.68% in October to close as the worst-performing asset but in November, trading card games gained 13.55%. 

Sports memorabilia was the worst-performing asset class in November, slipping -10.97% after the sector stumbled -1.71% in October. The losses this month were led by the 1980 Muhammad Ali Sparring Gloves which fell -30.67%. In total, six different assets fell more than -19% while ten offerings gained at least 19%. There were ten sports cards that traded in November on Rally, the most of any asset class, and the sector closed with a 0.21% gain after a 13.35% jump last month.

Otis

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

Assets on Otis fell -1.54% on average after the platform returned 0.78% in October. While performance dipped month of month, multiple assets still displayed strong performance as ten different offerings climbed more than 26%. 

Art was the best-performing asset class as the DOB and Arrows: Patchwork Skulls by Murakami X Abloh gained 159.26%. Sneakers were pushed higher by Nike’s The Ten Off-White’s which climbed 76.19% and the Dior x Jordan 1 Low’s moved 48% higher. The asset class gained 8.14% and closed with the second-highest average return in November. Sports memorabilia added another 3.34% on average after gaining 5.62% in October. This month, performance was carried by the 1987 Magic Johnson Sneakers which jumped 44.9%.

NFTs were crushed this month on Otis as the Chromie Squiggle fell -51.01%. Even with the sell-off, the Squiggle is still up 30% overall as NFTs continue to display high levels of volatility on both fractional platforms and on the blockchain. NFTs slipped -21.5% in November after they dropped -10.23% on average in October. Another asset class that continued to slide this month were video games as the sector dropped -21.27% after a -9.81% average return last month.

Collectable

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

There were 124 different assets that traded all thirty days of November on Collectable and they closed with an average return of 5.54%. This represented a slight drop from the -3.48% average in October. Sports memorabilia displayed strong performance as the asset class gained 0.94% after falling -5.64%. Sports cards continued to spiral downward this month as cardboard fell -7.34% in November after a -2.90% return last month.

Four of the five best-performing assets on Collectable were pieces of memorabilia and the sector was led by the Kevin Durant High School Jersey which jumped 45.45%. The 1936 Jimmie Foxx Game Used Bat bounced 38.23% higher while an original photo of George Mikan added 37.38%. The 1933 Goudey Babe Ruth Card climbed 39.51% to lead all cardboard and Josh Allen’s 2018 Gold Refractor Rookie Card jumped 30% to set the pace for modern sports cards.

Tennis was the best performing sport this month as the Serena Williams NetPro basket gained 5.88%. Wrestling and soccer cards and memorabilia stumbled with -18.37% and 18.36% returns respectively while golf slipped -9.9%. Basketball and baseball also fell as the game planed on hardwood tumbled -6.74% and the game played on a diamond dropped -5.06%. The 1952 Topps Willie Mays Card closed as the worst-performing asset in November on Collectable with a -55% ROI. Interestingly, there were no pieces of memorabilia that finished among the bottom ten performing asset this month. In total, ten different assets fell -30% or more while five offerings gained at least 30%.

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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.