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Trades and Trends: December 4, 2021

Trades and Trends: December 4, 2021
December 4, 2021
By 
Bradley Calleja
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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

In the first week of real-time trading on Rally, the platform returned 25% on average while the median ROI closed at 14.79%. In total, ten assets traded with five different asset classes represented. Sports cards led with four offerings while three video games hit the Rally trading floor. NFTs made their first appearance on Rally's secondary market as Bored Ape #601 opened at a $165,000 market cap and closed the week at a $490,050 price tag. This 197% return set the pace this week on Rally and closed as the only asset to gained triple digits. The 1986 Macintosh Plus climbed 62.5% and the 1940 DC Comics Batman #2 moved 46.15% higher to round out the top three performers. Two of the four sports cards that traded this week closed their sessions positively as the 1909 T206 Honus Wagner added 26.77% to its market cap while the 1958 Alifabolaget Pelé gained 25.31%.

Video games lagged this week as the 1998 N64 Legend of Zelda: Ocarina of Time tumbled -47.37% and the 1997 N64 GoldenEye 007 dropped -37.87%. Topps rookie cards also struggled this week as the 1979 Topps Wayne Gretzky Rookie Card slipped -14.38% and the 1986 Topps Jerry Rice Rookie Card fell -8.77%. Sports cards closed this week with a 7.23% average return while video games settled with a -26.99% average.

Otis

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

Performance dropped this week on Otis as the platform returned -2.26% and closed with a median return of 0%. Art closed as the best-performing asset class with an 8.39% average return. The performance was carried by the DOB and Arrows: Patchwork Skulls by Murakami X Abloh which climbed 150%.

In total, 111 assets traded across ten asset classes. Sports cards were represented by 35 offerings and closed this week with a -2.95 average return. The 2001 Sp Authentic Tiger Woods Rookie Card added 25% to lead the sector while the 2014 Panini Prizm Lionel Messi fell -24.78% to close as the worst-performing cardboard. Sports memorabilia was the best-performing asset class last week on Otis with a 17.66% average return but the sector fell -7.27% on average this week. NFTs dropped -21.27% on average to close as the worst-performing sector as the Chromie Squiggle slipped -40.91%. Overall, eight of the ten asset classes that traded this week on Otis closed with negative average performance after seven sectors traded in the red last week.

Collectable

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

After a positive return last week, performance dipped this week on Collectable as the platform closed with a -2.44% average ROI. Modern sports cards were responsible for driving down performance this week as the 2017 Patrick Mahomes Laundry Tag RPA dropped -51% and the Jasson Dominguez Bowman Chrome Orange Refractor fell -37.5%. On the contrary, investors rotated into vintage sports memorabilia as the Ty Cobb T206 Original Photo jumped 27.14%. The photo is now up 34.8% over the last six months but is still down -11% since IPO.

Boxing was the best-performing sport this week on Collectable with an average return of 2.7% followed by hockey which closed 2.52% higher. Golf-related assets fell -7.53% this week after the sport returned 5.12% on average last week. Football, basketball, and baseball all closed with negative performance this week as well with average returns of -5.27%, -2.77%, and -1.61% respectively. In total, 139 assets traded the entire week on Collectable and sports cards closed with a -2.61% average while sports memorabilia settled with a 1.85% ROI.


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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.

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