DEFINITION of 'Paris Hilton Stock Index'

A stock index comprised of companies associated with the socialite Paris Hilton. Some investors conceive her influence on the consumer spending habits of her fans is material enough to give these companies a competitive advantage.

BREAKING DOWN 'Paris Hilton Stock Index'

The concept behind the Paris Hilton Index resides in her endorsements and product lines. Ideally, Hilton's fans see her using certain products or releasing her own brands and flock to purchase the goods. As a result, the companies behind the products experience increased sales. Companies included in this index are Parlux Fragrances (who manufacture Hilton's brand of perfumes), News Corp, Time Warner and Amazon.

  1. CAC 40

    The French stock market index that tracks the 40 largest French ...
  2. Paris Agreement/COP21

    The Paris Agreement is an agreement among more than 170 countries ...
  3. Material News

    News released by a company that might affect the value of its ...
  4. Paris Club

    An informal group of creditor nations whose objective is to find ...
  5. Indexing

    In the financial markets, indexing can be used as a statistical ...
  6. Brand Loyalty

    When consumers become committed to your brand and make repeat ...
Related Articles
  1. Retirement

    Beaufort, South Carolina: The 5 Best Retirement Communities

    Discover why the Hilton Head area of South Carolina is a popular destination for retirees, and learn about the top five retirement communities in the area.
  2. Small Business

    How Much A Facebook Fan Costs

    Here's a breakdown of cost per Facebook fan, as well as some methods for keeping your marketing plan under budget.
  3. Insights

    Kim Kardashian Biography

    The multi-millionaire became famous at 26 when a sex tape featuring her and her former boyfriend found its way to the Internet.
  4. Tech

    Boxer Floyd Mayweather Endorsed His Third ICO

    Celebrities like Floyd Mayweather, Paris Hilton, and Mark Cuban have all attached themselves to ICOs.
  5. Personal Finance

    What Does It Cost to Study Abroad in Paris?

    Housing will be your biggest budget challenge as a student in Paris, but the city offers lots of ways for students to save money, too.
  6. Investing

    The Top 5 Positions in Stephen Schwarzman's Portfolio (HLT, NXPI)

    Explore analyses of the top five positions in Stephen Schwarzman's portfolio, and learn about his position size in these stocks based on his 2015 13F filing.
  7. Personal Finance

    5 Things to Teach Your Teen About Money

    Use these questions to have a successful discussion with your teen about financial security.
  8. Investing

    Profiling: It's Not Just For The FBI

    Learn how to quantify each client's specific dreams and create a realistic financial plan.
  9. Small Business

    6 Female Entrepreneurs Who Built Their Fortunes From Scratch

    Oprah and JK Rowling are just a couple of female billionaires that started with nothing.
  1. What are some examples of successfully executed leveraged buyouts?

    Learn about one of the most successful leveraged buyouts in corporate history that led to large profits for investors who ... Read Answer >>
Hot Definitions
  1. Money Market

    The money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities ...
  2. Perfect Competition

    Pure or perfect competition is a theoretical market structure in which a number of criteria such as perfect information and ...
  3. Compound Interest

    Compound Interest is interest calculated on the initial principal and also on the accumulated interest of previous periods ...
  4. Income Statement

    A financial statement that measures a company's financial performance over a specific accounting period. Financial performance ...
  5. Leverage Ratio

    A leverage ratio is any one of several financial measurements that look at how much capital comes in the form of debt, or ...
  6. Annuity

    An annuity is a financial product that pays out a fixed stream of payments to an individual, primarily used as an income ...
Trading Center