The current invention pertains to an apparatus and method for the determination of excess post-exercise oxygen consumption (EPOC) and the estimation of blood lactate levels. While these exercise parameters are traditionally determined using indirect calorimetry and blood sampling, this invention provides a method for the determination of these parameters using heart rate data. A wearable photoplethysmography device for measuring heart rate is included as an exemplary embodiment, however, the method of the current inventions can also be used with heart rate data from any heart rate monitor. In an embodiment of the present invention a supply demand differential equation is used to continuously monitor EPOC in real-time. Furthermore, blood lactate levels can also be estimated as a function of EPOC. Importantly, the process of determining EPOC and blood lactate can be linked to a biomathematical model of human physiology to access additional parameters such as hormonal changes, body composition changes or other physiological fluctuations or transient physiological behavior.
