We model the data. The model, hopefully, captures something real in the data. If it does, then it's fair to say that we understand the data better.
But it's frankly a philosophical question what's real or not. No model is going to capture absolutely everything about the thing it models - at that point, it would be the thing. The best we can hope for is that it captures everything we care about.
And no experiment or metric can tell you if you care about the right things. At best it can tell us if we care about a thing given other things we care about. "No cares in, no cares out".
To make it a little more concrete: you could compress a string from back to front. You could build an LLM to help you do that. If you care about file size, that's almost certainly a bad idea, the forward LLM will be better for that purpose. But are there purposes for which the backward LLM might be better? I think that's not so hard to imagine. Often we wonder about "what came before".
A model will not capture every nuance of what it models, but it might capture every nuance you managed to measure properly.