This study proposes and simulates a numerical analysis of a diamond racetrack microring resonator on a lithium niobate thin film, operating at a 1.55 µm wavelength. The single-mode conditions, transmission losses, and waveguide dispersions are systematically examined. The microring resonator’s radius and gap size are computed and optimized. The designed racetrack microring resonator exhibits a high quality factor (Q-factor) and a high coupling efficiency of approximately 6100 and 95%, respectively, for the transverse TE mode in the C-band. This study achieves a resonant tunability of 1.84 pm/V near the 1.55 μm wavelength by harnessing the electro-optical effect of lithium niobate.