The big insight isn't saying "they won't play this great forever" it's trying to provide some sort of quantitative measure to separate out how much of a team's performance is sustainable over a longer period. That is the entire point of statistics.
Sure, but PDO
obscures the point by combining unrelated factors rather than separating them. In order to formulate PDO, you have to already have possession of the key factors — then you make them
harder to understand by squashing them together for no reason.
It has this dynamic in common with +/-, another stat that gets formulated by taking some useful information and jumbling it up into a non-useful, often deceptive end product.
I don't think it's mostly "luck" in the way of getting crazy bounces or offsides reviews or the other team hitting all posts (although that definitely has some part in it) and I think that lots of stats people often overstate this aspect. Rather, it is "luck" in the sense that the Caps are lucky to have basically every single player -- McMichael, Protas, Chychrun, Ovi, Strome, Wilson, PLD, Sandin, Thompson, etc. -- playing the best hockey of their careers at the exact same time.
I hear you, but there’s no causative effect at play here. PDO focuses on the idea that shooting and save percentages “should” regress to a certain point (100) which matches the league average. But nothing
causes a specific player or team to have that regression. The only causative factor is performance.
Take Ovie for example. Of course his game is going to regress soon, he’s pushing 40 years old. Only someone with a very childish view of pro sports would think Ovie’s not close to the end of his run of elite performance. Age will cause his performance to drop, which will cause his scoring to drop.
That said, Ovie’s career shooting average is 13%. The NHL’s average over the course of his career is 9% — he is a 44% better shooter than the average player, as proven by nearly 1500 games of steady reliable production. If he regresses from his current 19% shooting this season, 13% will be the benchmark that he regresses to. Not 9%. PDO doesn’t recognize the difference.
This concept applies across the board. Is it “lucky” that a bunch of Caps are having career years? Maybe the question should be, is this
random? Or is there something
causative associated with their production, like Strome getting away from poor situations in Arizona and Chicago and finding himself on a PP with Ovechkin and Carlson instead? If that’s the case, why would he not be having the best year of his career?
I disagree with your point about the playoffs too. We see this every single year when a big upset happens and you take a closer look and it's because a goalie gets hot or has a complete meltdown. Basically the whole catalyst for the "analytics era" in hockey was the 09-10 Caps and their .977 PDO getting Halaked by the Canadiens! It definitely was a huge talking point in 2023 too with Vegas and their 105.3 PDO. Getting lucky, sure, but also just having everyone click at the same time (and the right time)!
Again though, there’s no causative relationship between shooting and goaltending. Why would you be talking about Washington’s .977 PDO instead of Halak’s .939, or Mike Green and Alex Semin combining for 0 goals in 7 games? In order to get to PDO, you have to walk right past the information that
actually tells the story of the series.