How Sprint Speed Relates to wOBA–xwOBA
Fantasy analysts and enthusiasts alike are still searching for ways to use Statcast’s expected wOBA (xwOBA) metric meaningfully to gain an edge. Unfortunately, beyond leveraging the difference between xwOBA and actual wOBA (what I, and probably countless others, refer to as the “wOBA minus xwOBA differential”), I don’t know yet how else you can use xwOBA effectively. Given already-widespread use of the metric, the minimal edge you can glean will come from interpretation.
I discussed the interpretation of xwOBA multiple times in 2018. In May, I highlighted hitters on whom to buy low because of their extreme/outlier wOBA–xwOBA differentials. In July, I called out xwOBA’s inability to account for what appeared to be the ball becoming un-juiced, thereby overestimating xwOBA across the league. In September, I investigated the predictiveness of xwOBA in-season (that is, the predictiveness of first-half xwOBA on second-half wOBA).
I discussed all of these topics during my presentation at BaseballHQ’s annual First Pitch Arizona forum, especially the former-most. Basically all of the hitters I tabbed as buy-lows outgained their prior performance by substantial margins — all of them, that is, except for Victor Martinez. Could he be considered a miss? Sure, except he was different from the rest of his fellow underachievers: he perennially underperforms his xwOBA. Perhaps the better question, then, is: Why was he a miss?