If both legs of Cow are loaded; it would be more of a Girth Hitch ?
A Clove’s strength/ strength reduction would be more dependent on it’s host/mount size in relation to rope stiffness;
but Cow more dependent on the deformity of the Standing by the ‘Backhand Turn’ IMLHO.
If can’t get both legs/eyes of Cow, into eye of device, would use 1.
Cow is also great as can be built or broken down to large ‘Backhand Hitch’ / Muenter around tree size mount.
As such can lower a load after reducing Cow to this Muenter, or before loading can use same around tree size mount/host to work /purchase line from Standing to Bitter size to tighten, can also then use the Bight of same, as 2:1 to then bend / leverage loaded Standing for even more purchase of line from Standing to Bitter side. Then serve Bitter or Bight of Bitter thru Bight of Cow to be, and lock off.
Bull would make these mechanic shifts more cumbersome, and Girth impossible as must consume both legs and then in balanced loading.
Though if something breaks, it is then insecure by being untrustworthy, insecure would generally mean if lacing could walk out of it’s lock/ walk off the job and not break.
Can ‘Bull’ / Round Turn Bight of Timber too for more strength. As we move from static to dynamic loading, then some measured slip of line and elasticity without violating line or lacing could be seen as adding more strength, in that it could take more of that type of loading. Kinda by lowering force by letting some ‘steam’ escape, from peak end of loading scale.
To me in knot lacing for loaded lines, it is all about tracing the forces flowing thru the line, and the line itself just a pipeline path. Must separate the forces into static and dynamic loading considerations.
Potential line strength would be straight; for line only resists/supports force on the single, unique inline axis, and only in the tension direction. So line can’t be leveraged directly, but can be by giving multiple inline legs, having some of fibers compressed/ not working so that full load is in higher loaded working fibers for same load as if straight, or by tightening line and thereby making resist/support on cross axis loading, deforming from the only inlineaxis a given line can be supported on etc. This is true in knot lacings; but probably easier to see in the expanded form of rigging as opposed to the same in a microcosm of a knot.
Or sumething like that!