The practice of chess tournaments provides two traditional metrics that are used to rank participants beyond their mere scoring. Their names are the Buchholz coefficient and the Sonneborn-Berger coefficient (often called just Berger). They are frequently used as tie-breakers in chess events, however I arrived to completely different application for them for the National Hockey League seasons.
1. The Buchholz coefficient
The Buchholz coefficient is simply the sum of the points of your opponents.
B = Σn=1N Pn
At first, the usefulness of such a criteria would prompt a raise of the eyebrow. However, it's not used in round-robin all-play-all tournaments as a final tie-break, because, naturally, the coefficient would be the same for all tied parties. It's used in a special format of chess events called the Swiss Tournament, not very popular outside of the realm of board games for purely logistic reason. But then, consider, first, an NFL season. The list of opponents every team plays there over the 16-game season may be quite different. And, whoever would end up with a larger Buchholz coefficient, clearly would've had stronger opposition on the way.
Now let's go back to hockey. First of all, at the end of the season, although everyone has played everyone, they did so a different number of times. Thus, the sum of opponents' points at the end of the season could be different between teams - including within the same division, if they had a different schedule. So, this could still be a very valid tiebreak. Secondly, the season is so long (82 games, unlike a chess Swiss which is rarely longer than 11 rounds), and that gives us a lot of midway points in time, when the all-play-all has not been completed yet! Here the Buchholz coefficient can clearly show, who has had the stronger opposition up until a certain moment.
Then, if we look at the remainder of the schedule for each team, and for every game we add the opponent's points we get an excellent remaining schedule strength estimator.
Wait... there's a caveat.
Unlike in a chess tournament, where every round occurs for everyone at the same time, and barring very rare circumstances, every participant played an equal amount of games at any point of the tournament, there may be a significant difference in the number of games played by different teams, so summing the opponents up will not work very well. And these opponents also played a different number of games, so their total amount of points is not a very good indicator.
Fortunately, it's not a big deal. Instead of totals, let's operate with per-game numbers. So the NHL Buchholz Coefficient for a team after N games becomes:
B = (Σn=1N PPGn)/N.
So, if the team played three games against opponents who currently are:
A) 6 points in 4 games, B) 3 points in 3 games, C) 2 point in 5 games, then the team's Buchholz value would be (6/4 + 3/3 + 2/5) / 3 = 2.9/3 ~ 0.967pts.
Here are the current (Mar 12th 2017) Buchholz coefficients and remaining schedule strengths for the entire 30 times (and note how the Blues stand out with plenty of matchups vs Colorado and Arizona remaining).
+-----------------------+-----------+-------+-------+
| Team Name | PPG | Buch | RStr |
+-----------------------+-----------+-------+-------+
| Washington Capitals | 1.4179105 | 1.119 | 1.133 |
| Pittsburgh Penguins | 1.4029851 | 1.117 | 1.127 |
| Minnesota Wild | 1.3939394 | 1.090 | 1.070 |
| Columbus Blue Jackets | 1.3731343 | 1.125 | 1.132 |
| Chicago Blackhawks | 1.3283582 | 1.088 | 1.096 |
| San Jose Sharks | 1.2985075 | 1.106 | 1.106 |
| New York Rangers | 1.2941176 | 1.120 | 1.184 |
| Ottawa Senators | 1.2537313 | 1.105 | 1.169 |
| Montreal Canadiens | 1.2352941 | 1.122 | 1.097 |
| Edmonton Oilers | 1.1791044 | 1.121 | 1.040 |
| Anaheim Ducks | 1.1764706 | 1.102 | 1.150 |
| Calgary Flames | 1.1764706 | 1.099 | 1.140 |
| Boston Bruins | 1.1470588 | 1.115 | 1.151 |
| Toronto Maple Leafs | 1.1343284 | 1.114 | 1.150 |
| Nashville Predators | 1.1323529 | 1.105 | 1.116 |
| St. Louis Blues | 1.1194030 | 1.144 | 0.943 |
| New York Islanders | 1.1194030 | 1.142 | 1.103 |
| Tampa Bay Lightning | 1.0895522 | 1.121 | 1.134 |
| Los Angeles Kings | 1.0746269 | 1.118 | 1.104 |
| Philadelphia Flyers | 1.0447761 | 1.122 | 1.179 |
| Florida Panthers | 1.0298507 | 1.118 | 1.175 |
| Carolina Hurricanes | 1.0000000 | 1.138 | 1.136 |
| Buffalo Sabres | 0.9855072 | 1.127 | 1.158 |
| Winnipeg Jets | 0.9565217 | 1.110 | 1.143 |
| Vancouver Canucks | 0.9558824 | 1.115 | 1.152 |
| Dallas Stars | 0.9552239 | 1.119 | 1.100 |
| Detroit Red Wings | 0.9545455 | 1.151 | 1.059 |
| New Jersey Devils | 0.9117647 | 1.148 | 1.132 |
| Arizona Coyotes | 0.8358209 | 1.133 | 1.098 |
| Colorado Avalanche | 0.6119403 | 1.128 | 1.164 |
+-----------------------+-----------+-------+-------+
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