Abstract
This study is a practical case to determine the behavior of companies quoting at different
stock markets and comparing those with their respective market indices. Sharpes
methodology is applied to identify the market line that measures the relationship between
each stock value and the market trends. The objective is to identify behavior patters of the
selectedcompanies, quantifying its level of dependence with the market movements. Finally,
the assets are classified according to their Beta values as aggressive, defensive and
neutral. This study is useful for the financial agents when selecting assets of investment
according to the investors risk profile.
