For example DM63 brochure is quite confident: defeat all type of armor at all ranges of engagement
All type of armor means Leo2, M1, whatever
All ranges of engagement means extra long range, as you can shot it you can penetrate it. And I quite believe in German honesty
http://www.defmunintl.com/Brochures/120mm KE DM63-DM53A1_DMI.pdf
M829A3 penetrator seems even longer then DM63 with higher density (DU alloy vs WHA)
No, You just don't understand that text "defeat all type of armor at all ranges of engagement" is just marketing. This is nothing else. Simply because manufacturers of ammunition also do not have capability to test their ammunition against all types of protection, because many types of protection are manufactured by other companies or even state owned manufacturing centers, and that armor capabilities are mostly classified.
This means that in most cases, ammunition manufacturers needs to test most of their products against simple RHA plates.
For example, in USA APFSDS ammunition is manufactured by private companies under goverment supervision, however armor packages for M1 tanks, are manufactured by goverment agency and is strictly classified. What's more, private manufacturers are most likely not even allowed to test on their own both ammunition and armor, this is done by ARL (Army Research Laboratory) and data from these tests is classified.
And then again, if for example penetration capabilities data is classified, then manufacturer can only use advertisement of kind similiar to "defeat all type of armor at all ranges of engagement". But only naive people tends to bite the catch.