Undervalued refers to a situation in which the market price of a security, asset, or investment is perceived to be trading at a price below its intrinsic or fair value, suggesting that it may be potentially attractive or underpriced relative to its fundamentals, future earnings potential, or comparable assets in the market. Undervaluation may occur due to various factors, including market inefficiencies, investor sentiment, mispricing, temporary setbacks, or lack of awareness or recognition of the asset's true worth by market participants. Investors seeking undervalued opportunities look for discrepancies between market price and intrinsic value, employing fundamental analysis, valuation techniques, and market research to identify underpriced assets, assess their growth prospects, and estimate their potential upside potential. Undervalued securities may offer investment opportunities for value-oriented investors seeking bargain purchases, contrarian plays, or long-term capital appreciation, provided that the underlying fundamentals and growth prospects remain intact, and market mispricing is corrected over time. However, investing in undervalued assets carries risks, including the possibility of further price declines, value traps, or market inefficiencies persisting longer than expected, requiring careful analysis, due diligence, and risk management to identify and capitalize on undervaluation opportunities while minimizing downside risks.