Thrive Tribe Technologies (ASX:1TT) Beta: -0.2299 (As of Jun. 27, 2026)


What is Thrive Tribe Technologies Beta?

Thrive Tribe Technologies ASX:1TT Beta is -0.2299 as of Jun. 27, 2026. The stock has 7 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Thrive Tribe Technologies's Beta is -0.2299.

Thrive Tribe Technologies  (ASX:1TT) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Thrive Tribe Technologies Beta Related Terms

Thrive Tribe Technologies Beta Historical Data

* Premium members only.

The historical data trend for Thrive Tribe Technologies's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thrive Tribe Technologies Beta Chart

Thrive Tribe Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 2.41 -0.27 0.37 0.70

Thrive Tribe Technologies Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.37 0.22 0.70 -0.01

ASX:1TT vs CRM, SHOP, UBER: Beta Comparison

For the Software - Application subindustry, Thrive Tribe Technologies's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Thrive Tribe Technologies Beta vs Software Industry

For the Software industry and Technology sector, Thrive Tribe Technologies's Beta distribution charts can be found below:

* The bar in red indicates where Thrive Tribe Technologies's Beta falls into.


Thrive Tribe Technologies Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -0.2299 mean?
Thrive Tribe Technologies (ASX:1TT) has a Beta of -0.2299 as of Jun. 27, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Thrive Tribe Technologies and its competitors.
Is Thrive Tribe Technologies' Beta too high?
Thrive Tribe Technologies' current Beta is -0.2299.
How does Thrive Tribe Technologies' Beta compare to CRM and SHOP?
Thrive Tribe Technologies' Beta of -0.2299 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Software company?
A good Beta depends on the Software industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Thrive Tribe Technologies and its competitors. Thrive Tribe Technologies's current Beta is -0.2299. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thrive Tribe Technologies stock overvalued right now?
Based on GuruFocus' analysis, Thrive Tribe Technologies (ASX:1TT) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.04, compared to a current price of A$0.00 — trading 95% below its estimated fair value. The current Beta is -0.2299. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Thrive Tribe Technologies (ASX:1TT), the current Beta is -0.2299 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Thrive Tribe Technologies Business Description

Address 19-29 Martin Place, Level 57, MLC Centre, Sydney, NSW, AUS, 2000
Thrive Tribe Technologies Ltd develops and sells cloud-based software-as-a-service solutions that help companies communicate effectively with their employees. The company also engages in investment activities and produces healthy snacks. Its business model centers on subscription fees from companies using its SaaS platforms and generates revenue by combining technology with community-building tools to support workplace communication and collaboration, particularly in Australia. The company operates in three operating segments: Thrive Tribe Technologies, Wooboard Software-as-a-Service, and Kumu Group Pty Ltd, the majority of the revenue being generated from the Thrive Tribe Technologies segment.