It’ll tell you what a typical output for the command might be, and the more complex the script, the more wrong and full of hallucinations it will be.
There’s a huge difference.
Specifically, you have no way of knowing the difference between accurate outputs and inaccurate outputs, without running the command yourself, making it largely worthless.
Without access to environment, it’s not possible to magically know what the output of a command will be, it doesn’t have an embedded understanding of code, specifically not iterations and mapped data or mathematical functions.
For trivial obvious outputs it’s good, but it’s not executing the code; it’s generating what seems like plausible output; and if the output is trivially derived from the input, it’ll be impressively accurate.
…but, as the complexity of the task increases or the task deviates from “standard problem space” the triviality of generating accurate output decreases and it stops generating impressive outputs.
Tldr; yes, but it doesn’t scale well beyond trivial outputs.