You are talking about lab level stuff that even amsoil talks about IN THE LABS with next to no real comparison to an engine that goes 14K miles on 5w-40 synthetic before the viscosity for winter levels are not within graph. No one here or on this earth wants to hear about evaporating or anything your talking about with engine oils because it does not apply to them and is all up in the air BS for non lab environments.
At normal oil sump operating temperatures, evaporation is negligible and only measurable under laboratory conditions. At temps over about 100 C. (212 F.) evaporation may become noticeable over a period of many hours. Lower viscosity oils evaporate faster than higher viscosity oils. Most evaporation, in operation, occurs on the cylinder walls where the oil film is spread over a relatively large area and subject to combustion temps (much higher than oil sump temps) and this can amount to as much as 17% of engine oil consumption. Synthetic oils evaporate less than conventional oils at a the same temperature. In oil specifications, evaporation is listed as “Noack volatility.”
There is a phenomenon that I didn’t see mentioned among the other answers: Oil can become diluted somewhat with fuel if an engine is seldom fully warmed up as a result of many short trips, over a period of time, at lower ambient temps. Then, when run for a longer time at full operating temp, heat will evaporate the fuel from the oil and the oil level will be measurably lower than it was at the start of the trip.