Indeed.. thanks to CW customer support

My other COSC autos (Cranwell, C65 SH21 LE and Elite GMT) all run just a few secs fast p/d, and very close to their shown COSC mean variation. My C8 PR runs consistently at -2 secs p/d, which is well within spec and for an occasional use hand wind watch, that's fantastic and I suspect it's actual COSC will reflect that... so they do give some indication. However, as as been pointed out, it really only means the movement is capable of running within spec and did during that test.
In a way it doesn't really matter, and with closed back watches how would we ever know normally that the movement and cert match (short of removing the case back), but it would be important (price wise) if I ever came to sell the watch on
