You must measure charging voltage numbers with a known good fully charged battery. A bad or depleted battery will hold voltage down untill it is fully charged.
The charge rate of the bike is low, such that a depleted battery can take 10-12 Hours (@ 5000 RPM) to fully charge and allow the chagring system to attain peak voltage.
All you've determined so far, is that the charging system is capable of increasing battery voltage. We don't know battery charge state, and can't tell if your charging system is capable keeping a battery at peak charge.
Batteries don't change state instantaneously, nor do you want them to. A reservoir that fills and empties rapidly isn't too useful for that function, no?
Cheers,