I can add a little bit to ratio and stability, I think. When dosing N and P at low nutrient concentrations a ratio may be useful. Dosing phosphate and nitrate one after the other may create very unstable conditions and concentration swings.
In my experience ratios make sense in dosing. Unbalanced dosing may cause more cyanobacterial growth than necessary. Continued unbalanced dosing may lead to buildup and rise of one nutrient.
If I would dose only one nutrient it would be phosphate although this seems to cause more cyanobacterial growth than necessary also.
These are my experiences with dosing in ratios.