Even if everything tests OK, that rectifier should not be trusted. It is very important that the center bolt not turn, and it has so it will fail, if not now, soon and it is probably adding resistance to the circuit now - not good.
Also, it appears that you are testing without the battery connected - that's not a valid test. The test is to check the battery voltage with the bike not running and then with it running. If higher when running, the battery is being charged. It may not be higher at idle but when you bring the revs up it should be. With a fully charged battery, the voltage will be only slightly higher.
A fully charged AGM battery, disconnected, should be between 12.7 and 12.85 volts. If less after fully charging, the battery is at least near the end of it's life. Unlike Lead/Acid, an AGM battery at 11 volts is discharged (zero capacity left).