Is the low valuation area of a fund the cost line of a certain fund?
No, fund undervaluation means that the net value of the fund is in the low valuation range, and fund overvaluation means that the net value of the fund is in the high valuation range. Generally speaking, when the pe percentile is lower than 20%, it means undervalued, and when it is higher than 80%, it means overvalued. The percentile is between 20% and 80%, which is a reasonable interval.