Yeah, your probably correct. I usually place a meter inline to the ground connection.
I just remember reading somewhere perhaps it was using a different clamp meter with more precise readings that a clamp meter could be used to measure parasitic draw.
0.003 should be 3 mA (milliamps) but pehraps not that accurate. What I'll do is use my Fluke 87-V inline with the neg battery cable and take some measurements and then compare those measurements to the Clamp adapter.
I suppose the clamp adapter varies quite a bit so any one time you may not have the same reading in milliamps.
I also use the DMM to create a measurement of the coolant electrolysis in the vehicles cooling system.
I have an older 98 Jeep Cherokee (203,000 miles) with a 4.0L cast iron engine which seems to create a higher iron content in the coolant. The old 4.0L cast iron engines typically last over 300,000 miles and some over 400,000 and 450,000 without requiring a rebuild.
In the Jeep I use a coolant filter which filters out much of the finer particles.
Yeah I think your right that clamp adapter is designed more for higher unrefined amp measurements. It has two setting for 200 and 2000 amps. I doubt when taking higher amp measurements there's much concerned about milliamps.
There are clamp meters designed more for lower more refined amp measurement. I think they also have two amp ranges, where highest being up to 40 amps.