Thoughts on PDO and Luck

One of my beefs in the analysis and evaluation of hockey players is the notion that PDO (on-ice shooting percentage plus on-ice save percentage) can be used as a proxy for luck.  A perfect example of how PDO is used as a proxy for luck is this article by Neil Greenberg about the Washington Capitals. For example, when Alex Ovechkin has been on the ice during even strength this season, the team has a shooting percentage of 8.2 percent and has saved shots at a rate of .917. So that makes his PDO value 999 (.082+.917=.999), which is almost exactly

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