Trades and Trends: November 20, 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.

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Rally

It was a relatively tame week on Rally, with assets gaining 2% on average. In total, 15 assets traded this week on Rally across eight different asset classes with a 0.50% median return. Eight assets traded positively, in contrast to five assets that were down in their sessions.

The Tiger Woods Rookie Card led the way, gaining 26% in its first trading session. The Pokemon Kangashkan Trophy Card gained almost 20%. The card lost 45% back in May, and is now up 29% and 20% in consecutive sessions, though its still more than $20k off of its peak. The Great Gatsby added 19% but still sits 19% below its IPO value. Avengers #57 and the Bleu Lezard Birkin also had strong weeks, up 17% and 15% respectively.

The Bobby Orr Rookie Card had a difficult first trading session, losing 30% of its market value. The Michael Jordan Shattered Backboard Jersey, which was relatively slow to fill at IPO, was similarly challenged in its trading debut, falling nearly 29%. Due in large part to that asset, Sports Memorabilia was the laggard on the week, down nearly 18% on average, while the Kangashkan card and Avengers 57 represented well for Card Games and Comic Books. After gaining 325% in its last window, Ocarina of Time led Video Games 5% lower.

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Otis

Note: Only assets that trade for the entire week are included in data calculations and graphs. Performance is as of 5 PM ET on 11/19.

Despite a very wide range of returns stretching from -63% to +49%, the average return on Otis this week works out to +1.11%. In total, 110 assets traded across 10 asset classes, with a flat median return. As with Rally, Sports Memorabilia was the laggard, down 17%, with the Player Sample Jordan 1s losing a massive 61% to approach its 52 week low. It's now down nearly 30% from IPO. Comic Books and Video Games led, with average returns of 5.8% and 5.6% respectively, led by Avengers #1 (up 45%) and Super Mario Bros 3 (up 49%). SMB 3's strong performance (now up 1390% from IPO) was countered by a loss of 23% for the Nintendo World Championships Cartridge.

Six asset classes were positive this week, versus three that traded down. Thirty three assets traded more than 10% in either direction, with 17 down more than 10% and 16 up more. Though more assets were negative on the week, the positive results were stronger in magnitude. The standard deviation of returns was a massive 15%. However, there were few macro, asset class trends, with large positive and negative returns netting against each other to create the relatively subdued average returns seen above.

Four of the top ten performers this week (Avengers #1, Pokemon Yellow, Erving, Mayweather) were among the bottom ten performers last week, while three of the bottom ten performers (Jordan TYPS, NWC, Messi) were among the top performers last week.

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Collectable

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

134 assets traded on Collectable this week, with an average return of -1.94% and a median return of -0.2%, as returns skewed negative in magnitude. Both asset classes, Sports Cards and Sports Memorabilia, were down similar amounts on average this week at -1.96% and -1.89% respectively. Both were down by greater margins last week. This is a third straight down week for cards.

The Jimmie Foxx Bat led the way this week, gaining almost 57% to reach a return of +45% since IPO. After losing more than 30% last week, the Sidney Crosby Basket bounced back with a 35% gain this week. Kobe Bryant's Game-Worn Jordan XII's also gained 33% this week. On the flip side, five assets were down more than 30%, and one of them was another pair of Kobe sneakers: his rookie pair, down 33% to mirror the positive performance of the French Blues. The Mookie Betts Blue Refractor Basket lost 42% and was the worst performer of the week. Notably, Josh Allen's Gold Refractor surrendered 29% after gaining 72% and leading the way last week.

Hockey, led by Crosby, Wrestling, and Soccer (narrowly) were the only sports to trade higher this week. Tennis and Football were the worst performers, though the only Tennis asset is the Serena Williams NetPro Elite Basket. 44 assets traded more than 10% in either direction, with 28 of those losing more than 10%. The standard deviation of returns was 12.8%.

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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.