Trades and Trends: October 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

While performance remained positive on Rally, returns continued to drop lower than the previous month. The average return in August was 32.11% followed by a 23.12% average in September. October delivered a 12.34% average with a median return of 0.65%. 

In September, eleven assets gained at least 50% while only five assets climbed that amount this month. For the third consecutive month on Rally, video games were the best performing asset class as the sector returned 40.88% on average. In August, video games closed with an average return of 214% and were 132% higher on average in September. Memorabilia was the second-best performing asset class in October with a 29.32% average return followed by luxury which moved 21.51% higher. Since July, six of the 12 video games to trade on Rally gained at least 100% during the trading session. 

The 1st Generation Apple iPod was the best-performing asset on Rally this month, adding 120% in its first trading session and doubling its market cap to a new valuation of $55,000. Finishing in second was the 1990 NES Super Mario Bros. 3 which closed with a 102% gain to lead all video games. The 1934 Goudey Lou Gehrig climbed 76.47% to close as the top-performing sports card while the Rolex Air-King Dominos Pizza watch ticked 55% higher. Comic books were carried by Batman as copies #1 and #2 traded this month on Rally, returning 47.12% and 30% respectively. 

Pokémon card struggled this month on Rally as the 1st Edition Complete set fell -33.33% to close as the worst-performing asset. The 1st Edition Booster Box and Neo Genesis Booster Box also fell -12.5% and -5.56% respectively. Overall, card games dropped -3.68% on average to finish as one of two asset classes to trade negatively this month. Sports memorabilia slipped -1.71% on average as the Game-Worn Zion Sneakers stumbled -13.76%. In total, 57 assets traded this month on Rally

Otis

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

Performance on Otis closed with a positive average but a negative median as returns continued to trend downward month-over-month. The average return on Otis in August was 9.05% followed by a 5.25% ROI in September. The average in October settled at 0.78% with a -0.12% median return across 105 traded assets. 

Two comic books led this month on Otis as Tomb of Dracula #10 gained 200% and Avengers #1 added 63.93%. There were only 8 comic books that traded the entire month on Otis but four finished among the top ten best-performing assets. The Tomb of Dracula return demonstrated an impressive bounce back from worst to first as the comic had closed September as the worst-performing asset on the platform with a loss of -73.33%. Michael Jordan’s Player Exclusive TYPS moved 56.03% higher to lead sneakers and a copy of Contra climbed 33.33% to set the pace for video games.

The Air Jordan 1 Modern Classics fell -48.19% while the Dior x Air Jordan 1 Low’s lowered their market cap by -42.31%. While 34 sports cards were traded in October on Otis, no examples gained more than 25% but three different cards fell at least -28%. The 2014 Panini Green Crystal Lionel Messi slipped -37.45% and the 1987 Fleer Michael Jordan dropped -30.15%.  NFTs dropped -10.23% on average while video games fell -9.81%. The three asset classes to post positive returns were comic books, sports memorabilia, and memorabilia, which added 45.95%, 5.62%, and 3.75% respectively. In September, comic books were the second-worst performing asset class with a -14.29% average return.

Collectable

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

The average return on Collectable fell sharply this month but a flurry of assets returned strong performance propelled by recent catalysts. The platform closed with a -3.48% average return matched with a -5.51% median ROI. Sports memorabilia fell -5.64% on average while sports cards slipped -2.90%. 

The 2003-04 Upper Deck Exquisite Basketball Sealed Hobby Box soared 121.71% higher after Goldin Auctions sold a case that features three boxes for $996,300 on October 23rd. The 1959 Topps Willie Mays Basket added 38.10% which marks the second consecutive month of strong performance for a Mays-related asset. In September, the 1960 Topps Willie Mays card was the best-performing asset on Collectable with a 114.29% gain. The Michael Jordan 2007-08 Exquisite Collection card jumped 37.17% and the 1952 Topps Mickey Mantle moved 36.35% higher. Another asset that demonstrated continued month-over-month ascension was Josh Allen’s 2018 Gold Refractor. The rookie card of the MVP-caliber quarterback gained 25.26% this month after returning 80.75% in September. 

Only one piece of sports memorabilia closed within the top ten best-performing assets on Collectable as the Emmitt Smith Rushing Uniform gained 19.23%. Ten different assets fell at least -23% on Collectable this month while three offerings dropped -40% lower. The 2018-19 Michael Porter Championship Ticket tumbled -46.81% to close as the worst-performing asset while the 2003-04 Topps Chrome Box bounced -45% lower. Two active baseball players also struggled this month as the Corey Seager Orange Refractor Basket dropped -41.01% and the 2015 Gleyber Torres Orange Refractor card fell -31.16%. 

Tennis was the best-performing sport on Collectable as the 2003 Serena Williams NetPro Elite Basket returned 20.4%. Hockey was the only other sport to close with a positive average return as the Sidney Crosby Rookie Basket helped to frozen game gain 7.84% on average. Golf-related assets fell -11.08% while soccer slipped -8.47% on average.

‍

Enjoyed this article? Don't forget to subscribe to our newsletter to receive more like it in your inbox weekly!

‍

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.