How can we predict the order of reduction potentials for given elements? Consider the reactivity of metals, there is a standard explanation to determine reactivity. Eg. Sodium is more reactive than lithium due its larger ionic radius. Hence we have intuition for the order of reactivity. However, for reduction potentials, I can't seem to find an explanation. Unintuitively, the reduction potential of sodium is actually lower than that of lithium, meaning that reduction potential cannot be determined by reactivity, so there must be something else going on.
The best explanation so far, states that reduction potential is determined by ionisation energy and hydration energy, a mixture of the two? Could this be correct?
Comprehensive explanation of how we can build intuition for reduction potential would be great. Could you provide links or materials to learn about this?
Edit: Answers always explain that the reduction potential is measured relative to the hydrogen potential which makes sense. However, what are the underlying principles? Eg. For reactivity with metals, we could obviously just react them together and determine a reactivity series. However, we have an explanation for this reactivity series, which is what I want for reduction potential. Could reduction potential be determined by ionisation energy and hydration energy?