In a precision era of hadron spectroscopy, new tools are required for the analysis of data from hadron reactions. In this talk, we show an analysis of low-energy neutral pion photoproduction data using the Least Absolute Shrinkage and Selection Operator (LASSO) in combination with criteria from information theory and K-fold cross validation. These analysis techniques will become relevant in the near future. First, we illustrate these methods with synthetic data; then, the latest available measurements of differential cross sections (dσ /dΩ), photon-beam asymmetries (Σ), and target asymmetry differential cross sections (dσ T /d ≡ T dσ /dΩ) in the low-energy regime, are analyzed, and its feasibility for real data is demonstrated.