Lambda is used in many different contexts: some of these can be positive, some can be negative and yet others can be either.
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Just write this as lambda/4, or (1/4)lambda. You can't get a numerical value, unless you know the value of lambda.
In addition, it depends on which is larger. In multiplication, a negative times a positive is alway negative.
No, its not alway irregular.
Pi Lambda Theta was created in 1910.
No, positive numbers do not always have a higher absolute value than negative numbers. The absolute value of a negative number is equal to its positive equivalent. For example, the absolute value of -3 and 3 is both 3.