Harry Potter Stock Index

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.

BREAKING DOWN '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. Franchise

    A type of license that a party (franchisee) acquires to allow ...
  2. Franchise Factor

    The measurement of the impact on a company's price-earnings (P/E) ...
  3. Permanent Portfolio

    A portfolio construction theory devised by free-market investment ...
  4. Franchiser

    A party in a franchising enterprise that ultimately owns the ...
  5. Franchise P/E

    The expected value of new business opportunities available to ...
  6. Phillips

    A New York-based auction house specializing in the sale of art ...
Related Articles
  1. Insights

    Harry Potter and the Unnecessary 8th Book

    A "special rehearsal edition" of the recent Harry Potter play--to be released July 31 as the eighth book in the series--will boost the franchise's fortunes, which have been sagging lately.
  2. Managing Wealth

    Harris Associates: Investment Manager Highlight

    Take a look at the executive management and investment professionals team that leads the private investment firm of Harris Associates.
  3. Retirement

    Harry's Review: Is It Worth It?

    Find out if Harry's, the fast-growing, online purveyor of low-cost razor blades and shaving kits, is worth all of the hype in this review.
  4. Investing

    Understanding Short Covering

    Short covering is buying back borrowed securities to close an open short position.
  5. Retirement

    Can My Retirement & Social Security Be Garnished?

    You have some protection from creditors, but it's limited. Here's a quick run-down of what to expect.
  6. Markets

    Disposable Income

    Disposable income is the money a person has left over after all taxes have been paid. Other deductions that may affect the amount of disposable income are employment deductions for things like ...
  7. Managing Wealth

    Why Is The Star Wars Franchise So Valuable?

    There is no doubt that Star Wars was well worth the $4 billion-plus purchase price.
  8. Markets

    Diamond in the Rough? U.S. Franchises in 2016 (MCD, DNKN)

    Learn about U.S. franchise growth and direction for 2016 and how changes in wage standards and consumer preferences may endanger large fast food chains.
  9. Insights

    The 6 Most Successful Films of the 21st Century

    Discover which 21st century movie releases rank as the most profitable in terms of absolute worldwide gross and as percentages of the movies' budgets.
  10. Investing

    What Drives Summer Blockbuster Movie Profits?

    Moviegoers spent about $1 billion each of the months of May, June, July and August 2014. What is it that makes a summer blockbuster so profitable?
RELATED FAQS
  1. Harry began a front-end load contractual plan, calling for $100 a month for 10 years ...

    The correct answer is A) In a front-end load contractual plan, the investor will receive the NAV plus all sales charges greater ... Read Answer >>
  2. What is a permanent portfolio?

    A permanent portfolio is a portfolio construction theory devised by free-market investment analyst Harry Browne in the 198 ... Read Answer >>
  3. Who are Disney's (DIS) main competitors?

    Learn about how creating entertainment has been Disney's niche since the 1920s, even as it faces ever-increasing competition ... Read Answer >>
  4. How do indexes determine which stocks are removed or added to them?

    Stock indexes are formed based on the kinds of stocks or financial securities they want to track. For example, the Standard ... Read Answer >>
  5. Are mutual fund performance numbers reported net of fees (operating expenses and ...

    The answer depends on how you define "operating expenses."Let's look at a cinematic metaphor to clear up this apparent ambiguity. ... Read Answer >>
  6. What is the relationship between the PPI and the CPI?

    First, let's take a look at what these two acronyms mean: the PPI is the producer price index and the CPI is the consumer ... Read Answer >>
Hot Definitions
  1. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  2. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  3. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  4. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  5. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  6. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
Trading Center