Thursday, December 19, 2013

NBA 2013-2014: Performance Ratings, Power Ratings & Projected Playoff Seeds as of 12/18/13



I prefer to allow approximately 25% of the NBA season to play out before publishing my NBA Performance ratings which gives each team a chance to settle into their true performance – that is very similar to how we handle the NFL where our first published ratings follow Wk4 games.  Here is the first installment of the 2013-2014 NBA Performance Ratings:


OFFENSE

DEFENSE

TOTAL

Current Wins
TEAM
SUM
RANK

SUM
RANK

SUM
RANK

Wins
RANK
Indiana
56
14

33
2

89
1

20
2
Minnesota
43
6

48
7

91
2

13
13
Oklahoma City
50
7

49
9

99
4

20
2
Toronto
53
10

46
6

99
4

9
21
San Antonio
73
22

27
1

100
7

20
2
Portland
28
1

72
23

100
7

22
1
Charlotte
66
18

34
3

100
7

12
15
LA Clippers
40
5

62
12

102
8

18
6
Houston
40
5

63
14

103
9

17
7
Denver
39
2

68
19

107
10

14
9
New Orleans
40
5

73
24

113
11

11
18
Atlanta
71
20

44
4

115
12

14
9
Detroit
54
12

63
14

117
13

13
13
Sacramento
52
8

68
19

120
14

7
27
Miami
55
13

67
16

122
16

19
5
Chicago
73
22

49
9

122
16

9
21
Washington
77
25

46
6

123
17

11
18
Golden State
65
17

59
11

124
18

14
9
Memphis
62
15

68
19

130
19

10
20
Phoenix
54
12

80
28

134
20

14
9
Dallas
63
16

75
26

138
21

15
8
New York
70
19

72
23

142
22

8
25
Brooklyn
53
10

91
29

144
23

9
21
Boston
74
23

71
21

145
25

12
15
Orlando
89
28

56
10

145
25

8
25
Cleveland
83
27

64
15

147
26

9
21
LA Lakers
78
26

77
27

155
27

12
15
Philadelphia
92
29

70
20

162
28

7
27
Milwaukee
96
30

75
26

171
29

5
30
Utah
77
25

104
30

181
30

7
27
               
Similar to my NFL Performance Ratings these break each team down using the metrics & statistics I have tested and found to be of the highest correlation to team success.  One aspect to keep in mind is the ratings above are best when lower compared to our NFL ratings that are best when higher.  We can use these ratings numerous ways, identifying teams that may be over or under valued, or also for total players identifying which matchups could produce more or less points.  Based on these ratings & how teams have performed in the win/loss column through yesterday’s games (12/18), here are a few teams to be both bullish and bearish on:

Bullish (looking for teams whose true performance has not led to as many victories as suggested statistically): Minnesota, Toronto, Charlotte, and New Orleans

Bearish (opposite of Bullish comments above): Boston, Dallas, Phoenix

Next let’s dive into the Power Ratings which use the Performance Rankings as a base:

HOME
ROAD
TEAM
Power Rating
Power Rating
Indiana
117.5
113.0
Minnesota
115.7
112.7
Oklahoma City
116.2
111.7
Toronto
113.7
111.7
San Antonio
115.6
111.6
Portland
115.6
111.6
Charlotte
113.6
111.6
LA Clippers
115.3
111.3
Houston
114.7
111.2
Denver
113.7
110.7
New Orleans
112.4
109.9
Atlanta
113.1
109.6
Detroit
111.3
109.3
Sacramento
111.0
109.0
Miami
112.7
108.7
Chicago
111.2
108.7
Washington
111.1
108.6
Golden State
111.9
108.4
Memphis
109.7
107.7
Phoenix
110.1
107.1
Dallas
110.6
106.6
New York
108.1
106.1
Brooklyn
107.8
105.8
Boston
108.2
105.7
Orlando
107.7
105.7
Cleveland
108.4
105.4
LA Lakers
106.9
104.4
Philadelphia
105.5
103.5
Milwaukee
104.3
102.3
Utah
103.0
101.0

These are actually Power Ratings that can be used when handicapping nightly matchups.  For example, according to my ratings above, if Utah played at Indiana I would set the # at Indiana -16.5 with all else being equal such as motivation (divisional contest, either team seeking revenge, on a losing or winning streak), days rest for both teams, injuries, etc…  We can use these ratings to handicap the lines Vegas sets, and perhaps find value plays based on variances between suggested lines according to my Power Ratings and available lines each night.  Using these ratings on tonight’s doubleheader:
Chicago @ Oklahoma City (-13): my power ratings suggest this # should be OKC -7.5, but that also includes Derrick Rose’s performance when he was in the lineup as the Bulls have really struggled since he has been out of the lineup.  Even including that this may be a solid spot for the Bulls as OKC faces the Spurs next, and in general 13 points is a ton in the NBA.  I will be passing here but could see some value on the Bulls, but not a ton.
San Antonio @ Golden State (-3): my power ratings suggest this # should be about a Pick, but I can see the 3pt adjustment here based on two factors: one the Warriors have revenge off last year’s playoff loss (which is typically the best revenge angle early in the next season) and two the Spurs are coming off a hard fought win at Phoenix last night.  No value here based on the #; I would lean towards the Warriors as they seem overdue for a very inspired effort, but like the Patriots in the NFL it’s tough to fade the Spurs so I will be passing.

Lastly let’s take a look at wins by team in three critical buckets: SU to date, ATS to date & SU projected at season’s end.  The SU projected wins are based on the same statistics as the Performance Ratings but plugged into a tested regression formula weighting each statistic/metric on their true impact on wins:


Current Wins

ATS Wins

Projected Wins
TEAM
Wins
RANK

Wins
RANK

Wins
RANK
Indiana
20
2

17
2

55.21
3
Minnesota
13
13

14
8

47.29
10
Oklahoma City
20
2

14
8

53.09
5
Toronto
9
21

10
22

43.92
16
San Antonio
20
2

13
14

63.60
1
Portland
22
1

18
1

50.68
6
Charlotte
12
15

16
4

39.67
18
LA Clippers
18
6

16
4

54.38
4
Houston
17
7

14
8

48.88
7
Denver
14
9

12
17

45.79
14
New Orleans
11
18

9
25

45.22
15
Atlanta
14
9

15
6

41.56
17
Detroit
13
13

13
14

47.65
9
Sacramento
7
27

8
27

33.47
22
Miami
19
5

12
17

63.47
2
Chicago
9
21

7
29

31.47
23
Washington
11
18

14
8

39.46
19
Golden State
14
9

11
20

46.84
12
Memphis
10
20

7
29

33.50
21
Phoenix
14
9

17
2

46.40
13
Dallas
15
8

14
8

48.00
8
New York
8
25

9
25

47.13
11
Brooklyn
9
21

11
20

28.70
26
Boston
12
15

15
6

36.07
20
Orlando
8
25

13
14

31.03
24
Cleveland
9
21

10
22

28.68
27
LA Lakers
12
15

14
8

29.49
25
Philadelphia
7
27

10
22

19.79
28
Milwaukee
5
30

8
27

15.02
30
Utah
7
27

12
17

16.87
29

This formula has proved to be very accurate over the years at projecting not only the order at which teams will finish in the standings but also the actual wins teams will wind up with come the end of the regular season.  Based on these projections as of 12/18 the playoffs would set up like this:
Western Conference
#1 San Antonio 64-18
#2 LA Clippers 54-28
#3 Oklahoma City 53-29
#4 Portland 51-31
#5 Houston 49-33
#6 Dallas 48-34
#7 Minnesota 47-35
#8 Golden State 47-35

Eastern Conference
#1 Miami 63-19
#2 Indiana 55-27
#3 Detroit 48-34
#4 New York 47-35
#5 Toronto 44-38
#6 Atlanta 42-40
#7 Charlotte 40-42
#8 Washington 39-43

Additional analysis that can be performed using the last three win columns is seeking out big variances between the rankings of each columns and using that information to help identify potentially over or under valued teams.  What do I mean by that exactly?  Take the Atlanta Hawks, currently ranked 9th in the NBA with 14 wins; comparing that to their projected final season wins of 42 wins (which means they would close the season going 28-28) they could be a team to target as underperforming over the last 75% of the regular season.  When also adding in the fact Atlanta is currently 6th best in the NBA with 15 ATS wins Vegas will likely be shifting their lines a hair – to check if Vegas is doing that you can use the Power Ratings from the 2nd matrix and compare those to the Vegas numbers.  One other team that stands out some that I wanted to comment on is Toronto – some will wonder how can they rank tied for 3rd in performance yet only have 9 wins, good for 21st in the NBA?  While it’s true they made a recent big trade the real reason they are not winning as many games as their performance suggests is because they are not rating well in the most critical area to having success – shooting, both offensively and defensively.  So while they can perform well in every other area, much like the NFL, if a team moves the ball well between the 20s but continually stalls in the red zone and kicks field goals they will not win as many games as a team that may be less effective and efficient as far as yardage goes, but they score more TDs.  Toronto needs to improve their shooting metrics to win more games.

One thing to remember when using these projections is it assumes a team will continue playing at the level it has so far this season (which is the precise reason I prefer to wait till about 25% of the season is played before releasing this information), and it also does not adjust for injuries – whether it be a Derrick Rose type player being lost for the entire season which will likely lead to worse team performance or whether it be a Kobe Bryant player recently joining his team which will likely lead to better team performance.  Remember, on a night to night basis injuries in the NBA are often over-adjusted for; but as big name players miss extended periods of time it will impact their performance.

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