As a statistician, I have to disagree with much of the above saying computer rankings are BS.
I even created my own computer ranking system about 10-15 years ago, although I haven't ran it this year (new job = less free time). But the more information/data a system gets, the more reliable/accurate it is. It still can't account for match-up issues, so they aren't good to use in trying to compare how 2 teams will play vs each other.
Until December, computer rankings are useless. Largely based on the authors biases or pre-season assumptions. I would say until most teams get 10 games under their belt, I wouldn't even look at a computer ranking. And even then, they don't start getting accurate until after about 2 weeks (4 games) of conference play.
But to the OPs original question, any legit ranking system will at a minimum look at not just how well you do, but how well your opponents do. So perhaps our 11 opponents thus far had a bad weekend compared to UL's prior opponents. Also was UL's game on the road or at home like ours (that should be a factor).
My system (I think) has 6 iterations, so it looks at opponents of opponents of opponents of opponents of opponents of opponents. The reason for that is to calculate a probability of winning (assuming no match-up issues) vs each of the 300+ D1 teams, and it takes 5-6 iterations after about 10 games to be able to link every team with every other team.
The factors my system uses include:
- scoring margin of each game
- takes home court into account (based on historical conference data, if I remember correctly the home team wins about 2/3 of the time, I use the exact %)
- considers if game was played home, road, neutral, or semi-neutral court
- weights game outcomes based on how recent (so a game last week affects your ranking more than one a month ago, because things change over time)
- considers if a game went into OT (5 pt OT loss different than a 5 pt loss)
- considers opponents and opponents of opponents, & so on
So the outcome is, ignoring match-up issues, if 2 teams played on a neutral court, team X would win with probability Y, so if it was UK would beat UF with probability 0.7 then we should expect to win 70% of the time we play on a neutral court.
This is a good post. I play around with a computer model of my own, and I go back-and-forth quite a bit on whether margin of victory should be included. As a positive: (a) it undeniably increases the
predictive value of your model, and (b) it's a fairly straight-forward way of showing that a 3-point-win is most likely different than a 13-point-win.
But on the other hand: the ultimate objective of any game is simply to WIN. There are no "style points" given next door to a team's won-loss record. You either win or lose. "Style points" don't carry over in the NCAA tourney either, a 1-point-win is equivalent to a 50-point win.
The model I ultimately use now accounts for everything that you have, except margin of victory and the recency of the game. There are pros and cons to "recency of the game" as well, I guess I prefer to view a team's resume as a whole.
One extra thing I have: games among teams with high winning percentages get weighted
significantly higher versus other games. If two teams are real good, does it really matter if one beat #216 (currently Austin Peay in my model), and the other beat dead-last #351 (currently Liberty in my model)? Big picture, they both beat bottom-half teams that they should have. What should really matters is the differentiating factors against GOOD teams.
FWIW, I currently have Kentucky #19, which at least passes a sniff test. The Ohio State loss was not a particularly great loss, and UCLA is bumbling around a bit themselves. Just went 0-2 on a Washington road trip, losing to teams that have home losses to Oakland & USC on their own resumes.
Top 10 is Oklahoma, MSU, Xavier, Virginia, Providence, Villanova, Iowa State, Arizona, SMU and Kansas. Louisville is #29. The strangest ranking of all right now is Chattanooga (?!?!?!?!?) at #16. Sometimes even the best algorithms throw strange things out. They did win at Dayton, that's a good win. But also a road-loss to Louisiana-Monroe, who is 4-7 vs. D-1 competition.