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Frozen Assets: A Fresh (Pythagorean) Perspective on Team Rankings

The pythagorean expectation formula is applied to the current NHL standings with some interesting results

From Wikipedia:

Pythagorean expectation is a formula invented by Bill James to estimate how many games a baseball team “should” have won based on the number of runs they scored and allowed. Comparing a team’s actual and Pythagorean winning percentage can be used to evaluate how lucky (or alternatively how “clutch”) that team was (by examining the variation between the two winning percentages). The term is derived from the formula’s resemblance to the Pythagorean theorem.

The basic formula is:

\mathrm{Win\%} = \frac{\text{runs scored}^2}{\text{runs scored}^2 + \text{runs allowed}^2} = \frac{1}{1+(\text{runs allowed}/\text{runs scored})^2}.

where Win% is the winning percentage generated by the formula. The expected number of wins would be the expected winning percentage multiplied by the number of games played.

Applied to hockey, the formula looks like this:

Win% = (Goals For^2)/((Goals For^2) + (Goals Against^2))

 

EAST         
          
ATLANTICGPWLOTLPTSGFGAEXP WIN %PROJ PTS
          
New Jersey3223814793690.645111
Pittsburgh352410149114900.616107
Philadelphia33151623293970.47979
NY Rangers341516333941000.46978
NY Islanders351315733881130.37868
          
NORTHEASTGPWLOTLPTSGFGAEXP WIN %PROJ PTS
          
Buffalo32201024285700.596102
Boston32161063884800.52490
Ottawa33171243894960.48986
Montreal361518333901040.42872
Toronto3412157311001220.40270
          
SOUTHEASTGPWLOTLPTSGFGAEXP WIN %PROJ PTS
          
Washington34217648124950.630108
Atlanta331812339108990.54392
Florida351414735991150.42675
Tampa Bay341114931811040.37867
Carolina33819622821200.31853
          
WEST         
          
CENTRALGPWLOTLPTSGFGAEXP WIN %PROJ PTS
          
Chicago3221834595670.668112
Nashville352111345101980.51593
Detroit34181154195890.53392
St. Louis32141353378880.44077
Columbus3514147351011210.41174
          
NORTHWESTGPWLOTLPTSGFGAEXP WIN %PROJ PTS
          
Calgary34201044498820.588100
Vancouver341915038106880.59295
Colorado3619116441041050.49590
Minnesota34171433789950.46782
Edmonton3415154341031090.47279
          
PACIFICGPWLOTLPTSGFGAEXP WIN %PROJ PTS
          
San Jose35208747115930.605104
Phoenix35211224489790.55997
Los Angeles3722123471111080.51493
Dallas3414911391011050.48185
Anaheim341314733951090.43274

*Note actual points should be higher because the formula does not factor in overtime losses.

Any surprises?  Comments? There are certainly flaws with a) the theorem itself (that has been refined numerous times), and b) its application to hockey (doesn’t factor in the overtime loss).  But I am not a statistician and this was done for fun not to make any worthwhile predictions.  Please feel free to criticize/correct my work.  Also, the formula only applies to a team’s remaining games.

Dedicated to Michael Remis