HSX Forum

CelebStock and StarBonds

Starbond adjustment is an adjustment to starbond value based on the average of their last movies...

Posted by: Port Value League Admin (a.k.a Rocket123) on Nov 07, 19:25 in response to davorm's post How do Adjustments work and what's the point?

Starbonds are usually the least intuitive of the bonds available on HSX for investment.  When a movie delists, a starbond adjustment takes place for any actors/actresses credited to the delisting movie.  This is a routine alignment of TAG value.

Trailing Average Gross (TAG)

This term represents a star's average total box-office performance over their last five credited films by release date. Each time a MovieStock featuring a particular star cashes out from the Movie Market, the box-office gross of the film (as reported to Exhibitor Relations Co.) is calculated into the star's TAG, and the bond price is adjusted to match. A maximum of five films are used in the TAG calculation divided by a minimum of three. The TAG is updated weekly with any additional box-office gross. A film's box-office gross in the TAG is capped at $250 million. StarBonds do not adjust in price for the first film in TAG, or for films which do not report box office to ERC.

StarBond TAG formula:

* Five films in TAG = Film1 + Film2 + Film3 + Film4 + Film5 / 5
* Four films in TAG = Film1 + Film2 + Film3 + Film4 / 4
* Three films in TAG = Film1 + Film2 + Film3 / 3
* Two films in TAG = Film1 + Film2 / 3
* One film in TAG = Film1 / 3

Starbonds are low risk and reliable investments, but they take time to mature.  You can calculate these yourself or use tools initally to get you started.  My favorite are:

Look to see what the pros are doing - http://www.hsx.com/security/view/BONDS

Other predictive tools:  Project Genome

Numbers

Razorhawk @ thehsxdude.com helps us by producing a weekly Post Adjust Bond Show.

Again, I hope this helps...Other players will now add the things I forgot to talk about.





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