Trade incorrectly evaluated (5)
I believe the answer is:
rated
'evaluated' is the definition.
(rating is a kind of evaluating)
'trade incorrectly' is the wordplay.
'incorrectly' is an anagram indicator (I've seen this in other clues).
'trade' anagrammed gives 'RATED'.
(Other definitions for rated that I've seen before include "Highly valued" , "Considered" , "highly regarded" , "Censured" , "deserved" .)