Offensive Volatility and Beating Win Expectancy
Armed with a new measure for offensive volatility (VOL), I wanted to revisit research I conducted last year about the value of a consistent offense.
In general, the literature has suggested if you’re comparing two similar offenses, the more consistent offense is preferable throughout the season. The reason has to do with the potential advantages a team can gain when they don’t “waste runs” in blow-out victories. The more evenly a team can distribute their runs, the better than chances of winning more games.
I decided to take my new volatility (VOL) metric and apply it to team-level offense to see if it conformed to this general consensus*.