I just ran into Baseball Prospectus'
Adjusted Standings report, where they analyzes all team's win/loss record, and adjusts them based on a a variety of factors, such as Pythagorean (they use the Pythangpat's formula however), the Pythagorean using adjusted runs scored (though I wonder why they don't do one with adjusted runs allowed as well), and lastly one adjusted for quality of competition as well as the other adjustment.
Interesting enough, the Giants should be leading, by about 1-2 games, but over the D-backs, not the D-gers. The D-gers have been playing above their heads and should be close to, if not under, .500, which is where I opined they would be this season. Of course, it helps that Kemp is out, but they are also being propped up by pitchers doing better than previously.
Of course, the Giants should be above their Pythagorean: they are currently 4 games over .500 in 1-run games, which most teams regress to zero, but as my research showed, Bochy is the rare manager who can manage a winning record in 1-run games. So that regression that BP expects with the first order win percentage probably will not happen.
Still, even with all that, the Giants are about where they are expected to be, statistically. And the D-backs are the real team to be worried about, as they have been underperforming. I don't know how they are doing it but for the second season in a row, their pitching staff is in shambles the first couple of months, then somehow they regroup, find some new pitchers and start rising up the standings quickly.
They also have
playoff odds. The Giants are currently at 83.5%, best in the NL.