The Bureau of Historic Losses · Counterfactual Division
What if you'd bought ANZ in 2018?
The Hayne Royal Commission dragged the banks through public hearings all year, and ANZ shares shed about 15% as remediation bills and reputational damage mounted. A grim year to own a sector Australians had assumed was untouchable.
$100 on 2018-01-01, worth today
A$191
As of 2026-06-12, $100 of ANZ bought at 2018's open (A$17.93) is worth A$191 — 1.91×.
total return · dividends reinvested · AUD
How much would $100 of ANZ bought in 2018 be worth today?
| You'd have put in | You'd have now | Multiple |
|---|---|---|
| A$100 | A$191 | 1.91× |
| A$1,000 | A$1,906 | 1.91× |
| A$10,000 | A$19,061 | 1.91× |
Lump sum on the year's first trading day, total return (dividends reinvested, splits adjusted), valued at the latest close. Past performance isn't a promise — it's a taunt.
What did ANZ do in 2018?
Opened
A$17.93
2018-01-01
Peaked
A$19.55
2018-08-17
Bottomed
A$15.50
2018-12-20
Closed
A$16.27
2018-12-30
Levels are dividend-adjusted, so historical figures look lower than the headline price of the day — that's the total-return lens, and it's the honest one.
Would steady buying have beaten going all in?
A$44,100 deployed as $100 a week from 2018-01-01, under four temperaments — same money, different nerves.
| All in on day one | A$84,059 |
| Steady weekly buys | A$74,459 |
| Sold dips, rebought rallies | A$66,648 |
| Traded it perfectly | A$86,919 |
“Traded it perfectly” requires knowing the future. Nobody knew the future.
The same $1,000, elsewhere
$1,000 at 2018's open, each valued at the latest close. Hindsight remains undefeated.
These were the round numbers. Run your real ones.
Your amount, your date, your certificate. Takes about a minute.
Calculate my failureAdjacent timelines