Evaluated trade incorrectly (5)
I believe the answer is:
rated
'evaluated' is the definition.
(rating is a kind of evaluating)
'trade incorrectly' is the wordplay.
'incorrectly' indicates anagramming the letters (I've seen this in other clues).
'trade' is an anagram of 'RATED'.
(Other definitions for rated that I've seen before include "highly regarded" , "esteemed" , "Scolded - valued" , "Assessed; merited" , "Tread (anag.)" .)