Adjusted Plus-Minus for NHL Players using Ridge Regression with Goals, Shots, Fenwick, and Corsi
Regression-based adjusted plus-minus statistics were developed in basketball and have recently come to hockey. The purpose of these statistics is to provide an estimate of each player's contribution to his team, independent of the strength of his teammates, the strength of his opponents, and other variables that are out of his control. One of the main downsides of the ordinary least squares regression models is that the estimates have large error bounds. Since certain pairs of teammates play together frequently, collinearity is present in the data and is one reason for the large errors. In hockey, the relative lack of scoring compared to basketball is another reason. To deal with these issues, we use ridge regression, a method that is commonly used in lieu of ordinary least squares regression when collinearity is present in the data. We also create models that use not only goals, but also shots, Fenwick rating (shots plus missed shots), and Corsi rating (shots, missed shots, and blocked shots). One benefit of using these statistics is that there are roughly ten times as many shots as goals, so there is much more data when using these statistics and the resulting estimates have smaller error bounds. The results of our ridge regression models are estimates of the offensive and defensive contributions of forwards and defensemen during even strength, power play, and short handed situations, in terms of goals per 60 minutes. The estimates are independent of strength of teammates, strength of opponents, and the zone in which a player's shift begins.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 8 (2012)
Issue (Month): 3 (October)
|Contact details of provider:|| Web page: http://www.degruyter.com|
|Order Information:||Web: http://www.degruyter.com/view/j/jqas|
When requesting a correction, please mention this item's handle: RePEc:bpj:jqsprt:v:8:y:2012:i:3:n:8. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.