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®
A StarBond represents actors and directors that are traded on the Movie Market. The price of a StarBond reflects overall star power as determined by HSX traders, as well as how much money their films make at the box office as determined by their trailing average gross (TAG). Beginning with their second film, StarBond prices are adjusted to match the TAG when their credited MovieStocks cash out. If a celebrity should happen to meet the end of his/her career (death, retirement, etc.), the StarBond is cashed out at the TAG.