Harry Potter Stock Index

AAA

DEFINITION of 'Harry Potter Stock Index'

A collection of stocks from companies related to the "Harry Potter" series franchise. Created by StockPickr, this index seeks to capture some of Harry Potter's success by investing in selected movie producers, merchandisers and advertisers currently associated with the franchise.

The success of the Harry Potter franchise has snowballed since the first of many Harry Potter books, "Harry Potter and the Sorcerer's Stone", by J. K. Rowling, was first published in 1997. With the addition of movies, toys, games and other accessories, Harry Potter has created an industry generating billions of dollars in sales. With each new book edition or movie release, StockPickr believes investors can benefit by investing in companies involved with Harry Potter branded items.

INVESTOPEDIA EXPLAINS 'Harry Potter Stock Index'

The Harry Potter Stock Index includes such firms as Scholastic (Nasdaq:SCHL), who publishes the Harry Potter books, and Time Warner (NYSE:TWX), the series movie producer. Even Amazon (Nasdaq:AMZN) is included, where Potter books are best sellers. Hasbro (NYSE:HAS), Motorola (NYSE:MOT), Electronic Arts (Nasdaq:ERTS) and Coca Cola (NYSE:KO) are a few other related companies included in the index.

Is this a real stock index, like the S&P 500? Not really. It's more of a tongue-in-cheek version of a stock index. Note that stock portfolios and financial terms that are tied to celebrities tend to have a short shelf life, depending on how long the buzz lasts. For example, consider the term Bo Derek, which was most popular in the early 1980s, after the movie "10" first came out.

RELATED TERMS
  1. Index

    A statistical measure of change in an economy or a securities ...
  2. Jennifer Lopez - J.Lo

    A slang technical analysis term referring to a rounding bottom ...
  3. Bo Derek

    A slang term used to describe a perfect stock or investment. ...
  4. Standard & Poor's 500 Index - S&P ...

    An index of 500 stocks chosen for market size, liquidity and ...
  5. Bulldog Market

    A nickname for the foreign bond market of the United Kingdom. ...
  6. Lion economies

    A nickname given to Africa's growing economies.
Related Articles
  1. Analyzing Show Biz Stocks
    Markets

    Analyzing Show Biz Stocks

  2. The Lowdown On Index Funds
    Options & Futures

    The Lowdown On Index Funds

  3. The ABCs Of Stock Indexes
    Economics

    The ABCs Of Stock Indexes

  4. Index Investing
    Mutual Funds & ETFs

    Index Investing

comments powered by Disqus
Hot Definitions
  1. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  2. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  4. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  5. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  6. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
Trading Center