If you review review Ninjiitsu's data and Hulan's data via Valk, you will find no other reasonable conclusion at this time. No, the data is not good, and the relationship is complex (especially with Hulan's data, which includes both parry and blocking both), but, there is an effect observed with every DEX interval.
As Paikis pointed out, it doesn't actually say that. The wording is just a bit poor. However, tooltips are pretty bad in general in ARR. "Clusters are unavailable in the beta version", anyone? And Steady Hand tooltip on the buff itself is wrong, saying 10% instead of 20%.
