yes, thats what P95 is designed for, when you overclock, you run P95 and you test the system at 100% stress to ensure its stable and wont bsod on you every ten minutes, if it does, you lower your clock ing a bit and try again, but usually you would start stock, then increase a small increment at a time, test, up a bit more test, and keep going till you reach your limit.
temperature obviously plays a big part in your limit so if you plan on going nuts, invest in an aftermarket cooler,
what your looking for on P95 is for it to crash the system, this tells you its not stable basically, if you run it overnight and you havent crashed, your fine, most people take a sucessful hours test as proof though before pushing things further.
Moto