In this paper, three different materials Si, ITO and graphene; and three different types of mode structures bulk, slot and hybrid; based on their electrooptical and electro absorptive aspects in performance are analyzed. The study focuses on three major characteristics of electrooptic tuning, i.e. material, modal and cavity dependency. The materials are characterized with established models and the allowed ranges for their key parameter spectra are analyzed with desired tuning in mind; categorizing into n and k dominant regions for plausible electrooptic and electro absorptive applications, respectively. A semi analytic approach, with the aid of FEM simulations for the eigenmode calculations, was used for this work. Electrooptic tuning i.e. resonance shift properties inside Fabry Perot cavities are investigated with modal and scaling concerns in mind. Tuning changes the effective complex refractive index of the mode dictated by the Kramers Kronig relations which subsequently suggest a tradeoff between the resonance shift and increasing losses. The electrical tuning properties of the different modes in the cavity are analyzed, and subsequently a figure of merit, delta-lambda/delta-alpha was chosen with respect to carrier concentration and cavity scaling to find prospective suitable regions for desired tuning effects.