I’ve gone through the exercise of going through shots visually in a game and comparing to MoneyPucks danger ratings a couple times this season and there are definitely red flags that show up.
From what I can gather, they put a huge emphasis on shot distance from the net. Net front plays are given a lot of danger. Net front rebound plays even more. There’s some sense to it, but I’ve seen Goalies go into their butterfly, just sit there, and have a forward jam pucks into their pad with no space, and a sequence of a 2-3 shots in tight to a non-moving goalie making routine positional saves, explode a goalies GSAX rating in that game from that one sequence. A sequence of solid goaltending sure, but nothing spectacular. Goalies with teams that have very weak net front D coverage and crease clearing, seem to benefit hugely.
On cross crease daggers I think Money Puck fails to rate danger. Money Puck says they take into account the previous event that happened before a shot. And even note in their explainer that East-West “previous event” is taken into account. However nowhere in their explainer do they note that they track passes as a “previous event” to a shot. Hits, faceoffs, turnovers and “etc.” are noted as previous events but NOT passes. I could be wrong on this, and that pass data is included in “etc.” but it matches my previous analyses of these situations. The data they state they are using is from 2007-2015, and someone correct me if I’m wrong, but I don’t think Passes and Pass Location data even existed for these years. So it seems that if it’s an East West One Timer they don’t appropriately capture the danger that comes from that. For example a McD to Draisaitl pass for one timer on our power play is treated like just a stand-still slap shot from that same location and shot angle. We know of course if Drai just stood there at the extreme angles he takes those one timers, and just does a stand-still slap shot that the danger from that shot is alot less than if it’s a one timer with a preceding East-West pass.
Other things I don’t think they capture, are net front screens (we know player tracker was not available for the years in that data set) and shots off the rush (they state they don’t track rush shots as a variable). Which are pretty big factors.
You can see their explainer for their model here:
MoneyPuck.com -About and How it Works
Note that Pass Location, Pass Data, and One-Timers are never explicitly mentioned. But they write it in a way where the reader might assume they are included with such great descriptors as “etc.”