ditch rider
You have gotten some good advice and some bad.
First of all, polarismike and edmarino both suggested you get a Battery Tender, very good advice as a Battery Tender of similar charger with the smart charge technology will taper off to a float charge state when your battery is fully charged and not over charge and ruin your battery. Almost all standard automotive battery chargers, even smaller ones will over charge and damage a small snowmobile or motor cycle battery. When you charged it on fast charge I’m sure that you cooked it, time for a new battery and a Battery Tender.
Secondly, the only correct way to test for parasitic draw, or battery drain as you referred to it, is with an amp meter. Ohm meter tests will not work and will only lead to confusing and misleading results. Polarismike gave good advice on this and recommended that you start by setting your amp meter on a 10 amp scale so that if you have a very large draw you don’t blow your meter fuse. If you don’t see any draw at that setting and I doubt you will, you then need to keep working down to the milliamp scale. I am not sure what the allowable spec. is for this sled but I would think for sure under 25 ma.
Thirdly, if the battery goes dead with the sled just sitting, not being used, it is not a charging system/low voltage problem. It is a parasitic draw or a failed battery problem. However if you want to test the charging system for voltage output, you need to have a good fully charged (12.6 volts open circuit voltage or greater) battery installed. Set the volt meter to DC voltage and connect at the battery terminals, remove the belt and bring the RPM up to >5,000. You should see the voltage in the 13.5 to 15.5 range if the charging system and regulator are working properly. Checking with out a battery connected is not going to give you a clean DC voltage to read and how different meters, especially a cheaper one, will react to this dirty voltage is a crap shoot, however my guess as to why you got such a low reading is that you checked it at low Idle RPM.
Lastly, 11.9 volts on a flooded lead acid cranking battery is considered 0% state of charge (I know that doesn’t quit agree with the chart that doomsmen posted but his chart doesn’t specify the battery type) so the fact that your sled wouldn’t crank with a battery at 12.00 volts shouldn’t surprise anyone as it was basically dead.
Hope this helps you and others that may read it.