Drags,
There is a major difference between bullet stability as evidenced by round holes through a paper target and accuracy at 100 yards or 500 meters. After extensive testing, shooting 1,000s of rounds through heavy corrugated cardboard from 50 yards all the way out to 1,000 yards, I can say that, without a doubt, they are NOT the same. Some of the most accurate loads at 100-yards were shot with marginally stable bullets that produced slightly elliptical holes. None of these loads EVER shot well at 500 meters.
The 7mm 175 Sierra MK bullet dimensions have been input into exterior ballistics software, the equations of which were developed by the US Army at the Aberdeen Proving Grounds Ballistics Research Lab. The bullet STABILITY FACTOR (SF) is about 1.348 when the bullet is launched at 2,300 fps from a 9-twist barrel. Bullet STABILITY FACTOR is also called DYNAMIC STABILITY. Typically design SF is 1.5. Even driving the bullet to a MV of 3,000 fps only improves the SF to 1.402, marginal for all-around shooting at silhouette distances. The only way to determine if the 175MK will shoot well at the ram-line is to test it. I design for SFs of 1.5 for HP rifles. You may find that the bullet will shoot just fine in what Id call the upper marginal SF for all-weather-condition, match-quality accuracy. Atmospheric conditions can have a substantial effect of bullet stability. If the SF is too low, a load that will shoot in favorable conditions will produce shotgun patterns in less than favorable conditions. The 175MK SF was calculated at Standard Sea Level Atmosphere: 59 F, 0% humidity, pressure 29.92 at sea level.
As an example, I worked with the 6.5mm, 155 Sierra Long-range bullet extensively in 8-twist barrels. The bullet was capable of producing excellent accuracy at 100-yards when launched in the 2,600-fps to 2,700-fps MV range. At 2,600 fps the SF is about 1.24 under Standard atmospheric conditions. But, the bullet would never group well at the ram-line. I did not do any tests to measure bullet yaw angle, but it was evident that the bullet just would not shoot at 500 meters.
Years ago I shot a 9-twist, 7mm BR. My ram load used the 168 JLK VLD launched at 2,450 fps using a case full of VarGet. It was deadly accurate at rams and had a SF of 1.57 at 2,450 fps. The load never lost a ram and we have some very tough rams in CA. The bullet BC is about 0.605 at 2,450 fps. The 7mm, 175 Sierra MK has a BC of 0.592 at the same MV.
If I was going to specify a 7mm barrel to launch the 175 Sierra MK for HP silhouette use Id go with an 8.5-twist which should produce a SF of 1.529 at a MV of 2,400 fps.