It is hard to tell exactly as it also varies from pickup to pickup. Makes sense as certain frequencies are effected more and if they are really high in the original pickup the cover has a different effect than when they are not prominent.
The video does give a good idea of what it does, but so many things factor into it. I for one am glad that my RY neck is covered and the bridge is not. Makes the contrast nicer for my liking without darkening the neck too much. With my amp that works well. In other guitars I can see the bridge covered too, no issue.
Thing is that I tend to go towards brighter necks and with those I feel like the cover does just the right amount of smoother and sweeting that I want without making it dark. At least with my equipment.
However, again, many factors come into this.