1. This symbol seems to originate from around the time when ancient Greece came up with a similar symbol to this one, meaning the same thing.
2. The symbol represents a centaur most commonly, which is a being with a lower body or a horse and the upper body of a man. In this symbol, the centaur is holding a stretched bow with an arrow that is in place ready to be shot.
3. This particular symbol is overall vague because the first thought when looking at this symbol, one's first thought would probably not be a centaur holding a bow and arrow, or Sagittarius, unless it is a symbol that has been learned before.
4. For this particular symbol, there doesn't seem to be a contrasting meaning to this symbol for Sagittarius, it seems very straight forward and if it has been learned, is very recognizable.